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1 Lincoln, Inc., which uses a volume based cost system, produces cat condos that sell for $200 each. Direct materials cost $19 per unit, and

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1 Lincoln, Inc., which uses a volume based cost system, produces cat condos that sell for $200 each. Direct materials cost $19 per unit, and direct labor costs $14 per unit. Manufacturing overhead is applied at a rate of 240% of direct labor cost. Nonmanufacturing costs are $37 per unit. What is the gross profit margin for the cat condos? (Round your intermediate calculations to nearest whole dollar.) Multiple Choice O 48.0% 5209 66.5% 34.5%

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