Calculation questions will be similar to these answers and explanations at the end of this document): 1) Lincoln, Inc., which uses a volume-based cost system, produces cat condos that sell for $140 cach. Direct materials cost $23 per unit, and direct labor costs $19 per unit. Manufacturing overhead is applied at a rate of 200% of direct labor cost. Nonmanufacturing costs are $30 per unit. What is the gross profit margin (% of sales) for the cat condos? (Round your intermediate calculations to nearest whole dollar.) A) 21.4% B) 61.1% C) 78.6% D) 42.9%