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Largo, Inc., which uses a volume-based cost system, produces cat condos, and has a gross profit margin of 66%. Direct materials cost $21 per unit,
Largo, Inc., which uses a volume-based cost system, produces cat condos, and has a gross profit margin of 66%. Direct materials cost $21 per unit, and direct labor costs $18 per unit. Manufacturing overhead is applied at a rate of 150% of direct labor cost. Nonmanufacturing costs are $34 per unit. How much does each cat condo sell for?
$248
$194
$176
$154
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