Exercise 12-12A (Algo) How the allocation of fixed cost affects a pricing decision LO 12-3 Finch Manufacturing Co. expects to make 30,700 chairs during the year 1 accounting period. The company made 3,300 chairs in January. Materials and labor costs for January were $17,100 and $25,500, respectively. Finch produced 1,700 chairs in February. Material and labor costs for February were $9,800 and $13,900, respectively. The company paid the $399,100 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. Required Assuming that Finch desires to sell its chairs for cost plus 50 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 es Price per unit