Exercise 12-12A (Algo) How the allocation of fixed cost affects a pricing decision LO 12-3

Rundle Manufacturing Co. expects to make 31,500 chairs during the year 1 accounting period. The company made 3,500 chairs in January. Materials and labor costs for January were $17,100 and $25,600, respectively. Rundle produced 2,000 chairs in February. Material and labor costs for February were $8,200 and $13,800, respectively. The company paid the $441,000 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 Rundle 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.)

Price per unit for January?

Price per unit for February?