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Perez Manufacturing Co. expects to make 30,300 chairs during the 2017 accounting period. The company made 4,700 chairs in January. Materials and labor costs for
Perez Manufacturing Co. expects to make 30,300 chairs during the 2017 accounting period. The company made 4,700 chairs in January. Materials and labor costs for January were $17,100 and $25,500, respectively. Perez produced 2,300 chairs in February Material and labor costs for February were $9,300 and $13,600, respectively. The company paid the $484,800 annual rental fee on its manufacturing facility on January 1, 2017 Required Assuming that Perez desires to sell its chairs for cost plus 10 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
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