Munoz Manufacturing Co. expects to make 31,400 chairs during the 2017 accounting period. The company made 4,200 chairs in January. Materials and labor costs for January were $16,000 and $25,300, respectively. Munoz produced 1,900 chairs in February Material and labor costs for February were $9,300 and $12,400, respectively. The company paid the $251,200 annual rental fee on its manufacturing facility on January 1, 2017 Required Assuming that Munoz 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.) Answer is complete but not entirely correct. January $ 17.78 February $ 26.93 Price