Total Product Cost and Per-Unit Product Cost Slapshot Company makes ice hockey sticks. Last week, direct materials (wood, paint, Kevlar, and resin) costing $26,000 were put into production. Direct labor of $20,000 (10 workers x 100 hours x $20 per hour) was incurred. Manufacturing overhead equaled $66,000. By the end of the week, the company had manufactured 5,000 hockey sticks.

Required: 1. Calculate the total product cost for last week.

2. Calculate the per-unit cost of one hockey stick that was produced last week. Round your answer to the nearest cent.