xercise 4-11A (Algo) How the allocation of fixed cost attects a pricing decision LO 4-3 Adams Manufacturing Co. expects to make 30,900 chairs during the year 1 accounting period. The company made 3.800 chairs in January. Materials and labor costs for January were $17,900 and $24,800, respectively. Adams produced 1,900 chairs in February Material and labor costs for February were $9,500 and $12,400, respectively. The company paid the $401.700 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 Adans desires to sell its chairs for cost plus 25 percent of cost, what price should be charged forthecair produced in. January and February? (Round intermediate calculations and final answers to 2 decimal places.) January February Price por un