2. Tyler Case, the company's CEO, recently retumed from a seminar on activity-based costing and instructed Kalagnanam to consider implementing the new system. As a rst step. he instructed her to analyze the overhead costs for state. Through her research she was able to derive tt'e following breakdown of the estimated overhead costs for 20125: Activity Amount Activity lulessure Activity Volume Foundation laying $3,526,250 Foundation-laying hours 455,000 Building construction 3,645,000 Constmction labour-hours 540,000 Painting 3,035,000 Painting-hours 590,000 Finishing 3,159,000 Finishing-hours 810,000 She also documented the following activity on the three jobs during the rst quarter of 2015 (In addition to the construction labour-hours consumed by the three jobs): smool Residential Cinema Foundation-laying hours. 50.240 56,420 51,300 Painting-hours ??.530 40,500 63.100 Finishing-hours 42.120 63,130 105,300 a. Calculate the activity rates for each of the four activities. [Round your answers to 2 decimal places.) Foundation laying 7.?5 per FLH Building construction 5.75 per CLH Painting per PH Finishing 3.90: per FH b. Calculate the total cost of each job using activity-based costing. {Do not round intermediate calculations.) Total cost