Martinez Products Manufactures a Line of Desk Chairs $$\begin{array} { | l | l | } \hline \text { Department 1 } & \$ 863,500 \\\hline \text { Department 2 } & \$ 287,000 \\\hline\end{array}$$

Martinez Products manufactures a line of desk chairs.Martinez's production operations are divided into two departments - Department 1 and Department 2.The company uses a process costing system.Martinez incurred the following costs during the year to produce 25,700 chairs: $$\begin{array} { | l | l | } \hline \text { Department 1 } & \$ 863,500 \\\hline \text { Department 2 } & \$ 287,000 \\\hline\end{array}$$ If Martinez sells 22,600 chairs during the year,what will be the cost per chair produced? (Round your answer to two decimal places.)

A) $33.60
B) $38.21
C) $44.77
D) $50.91