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How to make a cell dependent on what is chosen from a drop down list.

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Hello! I am trying to make a cells formula dependent on what selection is made in the drop down list. I Have drop down list in cell 34E, I have a section in 34F to fill in the amount, and I would like cell 34G to Auto-calculate the total cost based upon the selection from the drop down box. I am unsure if this is possible. Please help!

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