9

Largo, Inc. which uses a volume-based cost system, produces cot condos, and has a gross profit margin of 50%. Direct materials cost $15 per unit and direct labor costs $10 per unit Manufacturing overhead is applied at a rate of 200% of direct labor cost. Nonmanufacturing costs are $27 per unit. How much does each cot condo sell for? Multiple Choice $50 o $22 O $90 5144