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Check my work 3 3.75 points Fanning Manufacturing Co. expects to make 30,300 chairs during the year 1 accounting period. The company made 5,100 chairs
Check my work 3 3.75 points Fanning Manufacturing Co. expects to make 30,300 chairs during the year 1 accounting period. The company made 5,100 chairs in January. Materials and labor costs for January were $17,700 and $25,300, respectively. Fanning produced 1,700 chairs in February. Material and labor costs for February were $9,500 and $12,200, respectively. The company paid the $484,800 annual rental fee on its manufacturing facility on January 1, year 1. The rental fee is allocated based on the total estimated number of units to be produced during the year. eBook Required Assuming that Fanning desires to sell its chairs for cost plus 40 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.) Hint January February Print Price per unit . References
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