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Sheridan Company has collected the following per unit data: Direct labor $11 Variable selling and admin. $3 Direct materials 5 Fixed mfg. overhead 1 Variable

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Sheridan Company has collected the following per unit data: Direct labor $11 Variable selling and admin. $3 Direct materials 5 Fixed mfg. overhead 1 Variable mfg. overhead 4 Fixed selling and admin. 9 The markup percentage is 120%. What is the markup amount using the variable-cost approach? O $27.60 O $39.60 O $24.00 O $27.60

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