Munoz Manufacturing Co. expects to make 31,800 chairs during the 2017 accounting period. The company made 3,200 chairs in January. Materials and labor costs for January were $17,600 and $24,200, respectively. Munoz produced 2,000 chairs in February. Material and labor costs for February were $8,900 and $13,100, respectively. The company paid the $349,800 annual rental fee on its manufacturing facility on January 1, 2017.

Required

Assuming that Munoz 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.)