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 Racquets			Golf Clubs
Annual production and sales (units)		5,100			8,150
Direct materials cost per unit	$	4.60		$	3.50
Direct labour cost per unit:
Forming Department	$	4.00		$	3.50
Finishing Department	$	6.50		$	5.00
Machine-hours per unit:
Forming Department		0.25			0.25
Finishing Department		0.00			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.)

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