Largo, Inc., which uses a volume-based cost system, produces cat condos, and has a gross...
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| Largo, Inc., which uses a volume-based cost system, produces cat condos, and has a gross profit margin of 50%. Direct materials cost $21 per unit, and direct labor costs $17 per unit. Manufacturing overhead is applied at a rate of 200% of direct labor cost. Nonmanufacturing costs are $28 per unit. How much does each cat condo sell for? |
$198
$104
$126
$144
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