2. Tyler Case, the company's CEO, recently returned from a seminar on activity-based costing and instructed kalagnanam to consider implementing the new system. As a first step, he instructed her to analyze the overhead costs for 2021. Through her research she was able to derive the following breakdown of the estimated overhead costs for 2021: Activity Foundation laying Building construction Painting Finishing Amount $ 1,830, 500 1, 740,000 1,892,000 2, 437,500 Activity Measure Foundation-laying hours Construction labour-hours Painting-hours Finishing-hours Activity Volume 425, 700 500,000 550,000 750,000 She also documented the following activity on the three jobs during the first quarter of 2021 (in addition to the construction labour- hours consumed by the three jobs): Foundation-laying hours Painting-hours Finishing-hours School 39,550 49, 380 41, 460 Residential 38,500 36, 120 60, 600 Cinema 44, 250 47,660 94,000 a. Calculate the activity rates for each of the four activities. (Round your answers to 2 decimal places.) Activity Rate Activity Foundation laying per FLH SA a. Calculate the activity rates for each of the four activities. (Round your answers to 2 decimal places.) Activity Foundation laying Building construction Painting Finishing Activity Rate per FLH per CLH per PH per FH b. Calculate the total cost of each job using activity-based costing. (Do not round intermediate calculations and round your final answers nearest to whole number.) School Residential Cinema Total cost