Racquet 5.909 $ 5.41 Club 9.350 4.38 Annual production and sales (units) Direct materials cost per unit Direct labour cost per unit: Forming Department Finishing Department Machine hours per unit: Forming Department Finishing Department 4.50 $ $ 5.00 7.50 $ 0.25 . In addition, the firm budgets manufacturing overhead at $49,250 in the Forming Department and $55,500 in the Finishing Department Required: 1. Determine the overhead application rate for each department. (Round your answers to 2 decimal places.) per MH Forming Finishing per DLS 12. Determine the total cost per unit of tennis racquets and golf clubs. (Round your intermediate calculations and final answers decimal places.) Tennis Racquets Golf Clubs Total cost per unit