Vernon Manufacturing Company expects to make 30,800 chairs during the Year 1 accounting period. The company made 4,600 chairs in January. Materials and labor costs for January were $17,200 and $24,700, respectively. Vernon produced 1,800 chairs in February. Material and labor costs for February were $9,200 and $12,200, respectively. The company paid the $308,000 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 Vernon desires to sell its chairs for cost plus 45 percent of cost, what price should be charged for the chairs produced in January and February?