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Saved work Check my work Fanning Manufacturing Co. expects to make 31,500 chairs during the 2017 accounting period The company made 5,100 chairs in January.

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Saved work Check my work Fanning Manufacturing Co. expects to make 31,500 chairs during the 2017 accounting period The company made 5,100 chairs in January. Materials and labor costs for January were $17,600 and $25,200, respectively. Fanning produced 1,200 chairs in February. Material and labor costs for February were $8,900 and $12,100, respectively. The company paid the $378,000 annual rental fee on its manufacturing facility on January 1, 2017. Required Assuming that Fanning desires to sell its chairs for cost plus 50 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.) anuary Price

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