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Largo, Inc., which uses a volume-based cost system, produces cat condos, and has a gross profit margin of 60%. Direct materials cost $18 per
Largo, Inc., which uses a volume-based cost system, produces cat condos, and has a gross profit margin of 60%. Direct materials cost $18 per unit, and direct labor costs $10 per unit. Manufacturing overhead is applied at a rate of 230% of direct labor cost. Nonmanufacturing costs are $34 per unit. How much does each cat condo sell for? Multiple Choice $182 O O $110 588 $128
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