Chapter 12 Problems 7 Print Stuart Manufacturing Co. expects to make 31,100 chairs during the year 1 accounting period. The company made 4,200 chairs in January. Materials and labor costs for January were $17,200 and $24,900, respectively. Stuart produced 2,100 chairs in February. Material and labor costs for February were $8,900 and $12,600, respectively. The company paid the $653,100 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. Price per unit Saved Required Assuming that Stuart desires to sell its chairs for cost plus 30 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 Help February

Stuart Manufacturing Co. expects to make 31,100 chairs during the year 1 accounting period. The company made 4,200 chairs in January. Materials and tabor costs for January were $17,200 and $24,900, rospectively. Stuart produced 2,100 chairs in February. Material and lobor costs for February were $8,900 and $12,600, respectively. The company paid the $653,100 annual rental fee on its manufacturing facility on January 1, year 1. The rental fee is ollocated based on the total estimated number of units to be produced during the year: Required Assuming that Stuart desires to sell its chairs for cost plus 30 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.) Stuart Manulacturing Co : expocts to make 31,100 chairs during the year 1 accounting period. The company made 4,200 chairs in January Materials and labor costs for January were $17,200 and $24,900, respectively. Stuart produced 2,100 chairs in February. Moterial and labor costs for February were $8,900 and $12,600, respectively. The company poid the $653,100 annual rental fee on its manufacturing focility 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 Stuart desires to sell its chairs for cost plus 30 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.)