Largo, Inc., which uses a volume-based cost system, produces cat condos, and has a gross profit margin of 75%. Direct materials cost $30 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. How much does each cat condo sell for?

Multiple Choice

• $330

• $402

• $308

• $348