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Chattanooga Co. has collected the following per unit data: Direct labor Direct materials Variable overhead $6 4 6 Variable selling and admin. $8 Fixed overhead
Chattanooga Co. has collected the following per unit data: Direct labor Direct materials Variable overhead $6 4 6 Variable selling and admin. $8 Fixed overhead 1 Fixed selling and admin. 7 with a markup percentage of 120% based on the variable-cost approach, what is the markup in dollars? Enter your answer choice to two decimal places, no dollar sign necessary.
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