Check my wc Exercise 12-12 How the allocation of fixed cost affects a pricing decision LO 12-3 Thornton Manufacturing Co. expects to make 30,100 chairs during the 2017 accounting period. The company made 3,300 chairs in January Materials and labor costs for January were $16,100 and $24,400, respectively. Thornton produced 1,700 chairs in February Material and labor costs for February were $8,800 and $13,700, respectively. The company paid the $541,800 annual rental fee on its manufacturing facility on January 1, 2017. Required Assuming that Thornton desires to sell its chairs for cost plus 15 percent of cost, what price should be charged for the chairs produced In January and February? (Round Intermediate calculations and final answers to 2 decimal places.) January February Price