Lincon Inc which uses a volume based cost systme, produces cat condos that sell for $100 each. Direct material cost $15 per unit, and direct labor costs are $10 per unit. Manufacturing overheead is applied at a rate of 300% of direct labor costs. Non manufacturing costs are $27 per unit. What is the gross profit margin for the cat condos?

A 55% B 50% C 62.5% D 45%