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Largo, Inc. which uses a volume-based cost system, produces cat condos, and has a gross profit margin of 35%. Direct materials cost $9 per unit,

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Largo, Inc. which uses a volume-based cost system, produces cat condos, and has a gross profit margin of 35%. Direct materials cost $9 per unit, and direct labor costs $15 per unit Manufacturing overhead is applied at a rate of 120% of direct labor cost. Nonmanufacturing costs are $34 per unit. How much does each cat condo sell for? Multiple Choice $119 $25 $65 $47

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