Exercise 4-11A (Algo) How the allocation of fixed cost affects a pricing decision LO 4-3 Rooney Manufacturing Co expects to make 31,600 chairs during the year accounting period. The company made 4700 chairs in January Materials and labor costs for January were $16.900 and $25.900 respectively Rooney produced 1100 chairs in February Motettel and labor costs for February were $8,800 and $13,300 respectively. The company paid the $600 400 annual rental fee on its manufacturing facilny 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 Rooney desires to sell its chairs for cost plus 35 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