Munoz Manufacturing Company expects to make 31,300 chairs during the Year 1 accounting period. The company made 5,100 chairs in January. Materials and labor costs for January were $17,100 and $25,300, respectively. Munoz produced 1,900 chairs in February. Material and labor costs for February were $8,700 and $13,900, respectively. The company paid the $344,300 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 Munoz 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?