7 Case Construction Company, a three-year-old business, provides contracting and construction services to a variety of clients. Given that each construction job is different from the others, Susan Byrd, the company's accountant, decided to use a job-order costing system to allocate costs to the different jobs. She decided to use construction labour-hours as the basis for overhead allocation. In December 2021, she estimated the following amounts for the year 2022: 13 Direct materials points Construction labour $14,280,000 $ 8,400,000 Overhead $ 6,300,000 Skipped Construction labour-hours 300,000 eBook Byrd recorded the following for the second quarter of 2022 for the three jobs that the company started and completed during the quarter. Direct materials Construction labour-hours School $2,856,000 66,800 Residential $2,142,000 33,400 Cinema $4,284,000 16,700 Required: 1. Compute the predetermined overhead allocation rate for 2022 and apply overhead to the three jobs. (Round your "Predetermined overhead allocation rate" to 2 decimal places.) Predetermined overhead allocation rate School Residential Cinema Overhead applied per DLH 2. Compute the cost of each job. (Do not round intermediate calculations.) Direct materials Direct labour Overhead Total job cost School Residential Cinema