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Benson Manufacturing Company expects to make 30,400 chairs during the Year 1 accounting period. The...

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Accounting

Benson Manufacturing Company expects to make 30,400 chairs during the Year 1 accounting period. The company made 5,100 chairs in January. Materials and labor costs for January were $17,400 and $25,600, respectively. Benson produced 1,600 chairs in February. Material and labor costs for February were $9,800 and $12,600, respectively. The company paid the $486,400 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 Benson desires to sell its chairs for cost plus 20 percent of cost, what price should be charged for the chairs produced in January and February?
Note: Round intermediate calculations and final answers to 2 decimal places.
\table[[,January,February],[Price per unit,,]]
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