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TB MC Qu. 4-25 (Algo) Largo, Incorporated, which uses a volume-based cost... Largo, Incorporated, which uses a volume-based cost system, produces cat condos, and has
TB MC Qu. 4-25 (Algo) Largo, Incorporated, which uses a volume-based cost... Largo, Incorporated, which uses a volume-based cost system, produces cat condos, and has a gross profit margin of 55%. Direct materials cost $18 per unit, and direct labor costs $12 per unit. Manufacturing overhead is applied at a rate of 200% of direct labor cost. Nonmanufacturing costs are $37 per unit. What is the unit sales price for each cat condo? Multiple Choice $80 $120 $102 $174
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