Exercise 12-12A (Algo) How the allocation of fixed cost affects a pricing decision LO 12-3 Jordan Manufacturing Co. expects to make 30,800 chairs during the year 1 accounting period. The company made 4,000 chairs in . January. Materials and labor costs for January were $16,800 and $25,700, respectively. Jordan produced 2,300 chairs in February. Material and labor costs for February were $9,700 and $14,000, respectively. The company paid the $677,600 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 Jordan 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.) January February Price per unit