Question 8 of 15 View Policies Current Attempt in Progress -/1 : Sheridan Corporation produces outdoor portable fireplace units. The following cost information per unit is available: direct materials $21, direct labour $11, variable manufacturing overhead $18, fixed manufacturing overhead $25, variable selling and administrative expenses $10, and fixed selling and administrative expenses $15. The company's ROI per unit is $14. (a) Calculate Sheridan Corporation's markup percentage using absorption-cost pricing. (Round answer to 2 decimal places, e.g. 15.25%.) (b) Markup percentage eTextbook and Media Save for Later % Attempts: 0 of 3 used Submit Answer The parts of this question must be completed in order. This part will be available when you complete the part above. C