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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

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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 costs for last year is provided below: Tennis Golf Racqueta Clubs 5,100 8,150 $ 4.60 $ 3.50 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 $ 4.00 $ 3.50 $ 6.50 $ 5.00 0.25 0.00 0.25 0.50 In addition, the firm budgets manufacturing overhead at $37.250 in the Forming Department and $47,500 in the Finishing Department Required: 1. Determine the overhead application rate for each department (Round your answers to 2 decimal places.) Forming Finishing per MH por DLS 2. Determine the total cost per unit of tennis racquets and golf clubs. (Round your Intermediate calculations and final answers to 2 decimal places.) Tennis Racquets Golf Clubs Total cost per unit

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