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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 Golt Racquets Clubs 5,600 8,900 $ 5.10 $ 4.00 Annual production and salen (units) Direct materials cost per unit Direct labour cost per unit: Foring Department Finishing Department Machine hours per unit Forning Department Pinishing Department $ 1.00 $ 6.00 $50 $ 5.00 0.25 0.00 0.25 0.50 In addition, the firm budgets manufacturing overhead at $44,750 in the Forming Department and $52,500 in the Finishing Department Required: 1. Determine the overhead application rate for each department. (Round your answers to 2 decimal places.) Forming Finishing Der 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.) que torbe Total cost per unit

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