Finch Sporting Goods Corporation makes two types of racquets, tennis and badminton. The company uses the same facility to make both products even though the processes are quite different. The company has recently converted its cost accounting system to activity-based costing. The following are the cost data that Jane Price, the cost accountant, prepared for the third quarter of the year (during which Finch made 71,000 tennis racquets and 29,600 badminton racquets). Direct Cost Tennis Racquet (TR) Badminton Racquet (BR) Direct materials $ 18. 10 per unit $ 13.90 per unit Direct labor 31. 50 per unit 24.70 per unit Estimated Category Cost Cost Driver Amount of Cost Driver Unit level $ 736,000 Number of inspection hours TR: 14,900 hours; BR: 8, 100 hours Batch level 329, 400 Number of setups TR: 79 setups; BR: 43 setups Product level 152, 500 Number of TV commercials TR: 3; BR: 2 Facility level 756,000 Number of machine hours TR: 31, 600 hours; BR: 31, 400 hours Total $ 1, 973, 900 Inspectors are paid according to the number of actual hours worked, which is determined by the number of racquets inspected. Engineers who set up equipment for both products are paid monthly salaries. TV commercial fees are paid at the beginning of the quarter. Facility-level cost includes depreciation of all production equipment.Inspectors are paid according to the number of actual hours worked, which is determined by the number of racquets inspected. Engineers who set up equipment for both products are paid monthly salaries. TV commercial fees are paid at the beginning of the quarter. Facility-level cost includes depreciation of all production equipment. Required a. Compute the cost per unit for each product. b. If management wants to price badminton racquets 30 percent above cost, what price should the company set? Complete this question by entering your answers in the tabs below. Required A Required B Compute the cost per unit for each product. (Round intermediate calculations and final answers to 2 decimal places.) Type of Product Cost per Unit Tennis racquet Badminton racquetRequired a. Compute the cost per unit for each product. b. If management wants to price badminton racquets 30 percent above cost, what price should the company set? Complete this question by entering your answers in the tabs below. Required A Required B If management wants to price badminton racquets 30 percent above cost, what price should the company set? (Round intermediate calculations and final answer to 2 decimal places.) Price of badminton racquets