value: 4.00 points TB MC Qu. 4-21 Lincoln, Inc., which uses a volume-based cost... Lincoln, Inc.,which uses a volume-based cost system, produces cat condos that sell for $175 each. Direct materials cost $17 per unit, and direct labor costs $18 per unit. Manufacturing overhead is applied at a rate of 180% of direct labor cost Nonmanufacturing costs are $28 per unit. What is the gross profit margin for the cat condos? Round your intermediate calculations to nearest hole dollar) 61.7% o 54.3% o 45.7% o 36.8%