1 1 Lincoln, Inc. which uses a volume-based cost system, produces cat condos that sell for $170 each. Direct materials cost $23 per unit, and direct labor costs $11 per unit. Manufacturing overhead is applied at a rate of 250% of direct labor cost. Nonmanufacturing costs are $36 per unit. What is the gross profit margin for the cat condos? (Round your intermediate calculations to nearest whole dollar) Multiple Choice 40.2% 63.5 o 577