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 $14,490,000 $9,000,000 $6,750,000 450,000 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 Construction labour-hours Required: School $2,898,000 79,200 $2,173,500 39,600 cinema $4,347,000 19,000 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 alocation rate per DLH