Anthony Products manufactures a line of desk chairs. Anthony's production operations are divided into two departments — Department 1 and Department 2. The company uses a process costing system. Anthony incurred the following costs during the year to produce 25,700 chairs:

Department 1 $863,500
Department 2 $287,000

If Anthony sells 22,600 chairs during the year, what will be the cost per chair produced? (Round your answer to two decimal places.)
A) $33.60
B) $38.21
C) $44.77
D) $50.91