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Sheridan Co. sells product P-14 at a price of $46 a unit. Theper-unit cost data are direct materials $15, direct labour $10, andoverhead $12 (75%

Sheridan Co. sells product P-14 at a price of $46 a unit. Theper-unit cost data are direct materials $15, direct labour $10, andoverhead $12 (75% variable). Sheridan Co. has sufficient capacityto a Sheridan Co. sells product \( \mathrm{P}-14 \) at a price of \( \$ 46 \) a unit. The per-unit cost data are direct materials \( \$ 15 \), direct labour \( \$ 10 \), and overhead \( \$ 12 \) (75\% vari 2 answers

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