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?

$25

$65

$119

$47