Saved Help Save & Exit 20 Lincoln, Inc., which uses a volume-based cost system, produces cat condos that sell for $220 each. Direct materials cost $21 per unit, and direct labor costs $13 per unit. Manufacturing overhead is applied at a rate of 240% of direct labor cost. Nonmanufacturing costs are $33 per unit. What is the gross profit margin for the cat condos? (Round your intermediate calculations to nearest whole dollar.) Multiple Choice 27.1% 70.5% 446%