Jordan Manufacturing Co. expects to make 31,500 chairs during the 2017 accounting period. The company made 3,400 chairs in January. Materials and labor costs for January were $16,000 and $25,400, respectively. Jordan produced 1,700 chairs in February. Material and labor costs for February were $9,800 and $13,600, respectively. The company paid the $409,500 annual rental fee on its manufacturing facility on January 1, 2017.

Required

Assuming that Jordan desires to sell its chairs for cost plus 20 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