Oxmoor Manufacturing Co. expects to make 31,000 chairs during the 2013 accounting period. The company made 4,200 chairs in January. Materials and labor costs for January were $17,100 and $25,100, respectively. Oxmoor produced 1,600 chairs in February. Material and labor costs for February were $8,700 and $13,700, respectively. The company paid the $496,000 annual rental fee on its manufacturing facility on January 1, 2013

Required:

Assuming that Oxmoor 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 your intermediate calculations and final answers to 2 decimal places.)

January February

Price