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 RacquetsGolf ClubsAnnual production and sales5,2008,300Direct materials per unit$4.70$3.60Direct labour cost per unit:Forming Department$10.00$4.50Finishing Department$4.50$6.00Machine hours per unit:Forming Department0.750.25Finishing Department0.250.50

In addition, the firm budgets manufacturing overhead at $55,000 in the Forming Department and $47,000 in the Finishing Department.

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

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