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: Direct materials Construction labour Overhead Construction labour-hours $14,750,000 $ 7,800,000 $ 5,460,000 312,000 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 School $2,950,000 Construction labour-hours 73,200 Residential $2,212,500 36,600 Cinema $4,425,000 18,300 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 per DLH School Residential Cinema Overhead applied 2. Compute the cost of each job. (Do not round intermediate calculations.) Direct materials Direct labour Overhead Total job cost School Residential Cinema