Sportway Inc. produces high-quality tennis racquets and golf clubs using a patented forming process and high-quality hand-finishing. Products move through two production departments: Forming and Finishing. The company uses departmental overhead rates to allocate overhead costs. Overhead is allocated based on machine-hours in Forming and direct labour cost in Finishing. Information related to estimated volumes and denominator values for the coming year are provided below:

	Tennis Racquets			Golf Clubs
Annual production and sales		6,900			10,850
Direct materials per unit	$	5.20		$	4.30
Direct labour cost per unit:
Forming Department	$	7.00		$	4.00
Finishing Department	$	4.00		$	8.00
Machine hours per unit:
Forming Department		0.75			0.25
Finishing Department		0.25			0.50

In addition, the firm budgets manufacturing overhead at $80,500 in the Forming Department and $64,000 in the Finishing Department.

Required:

1.	Determine the overhead application rate for each department. (Round your answers to 2 decimal places.)

Forming:

Finishing:

2.	Determine the total cost per unit of tennis racquets and golf clubs. (Round your answers to 2 decimal places.)

Total cost per unit: