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 any other, company accountant Susan Kalagnanam decided that it was best 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 2020, she estimated the following amounts for the year 2021: Direct naterials Conatruction labour Overhead Construetion labour-hours $14,560,000 10,200,000 7,900,000 500,000 Kalagnanam recorded the following for the first quarter of 2021 for the three jobs that the company started and completed during the quarter: School G824,000 $1,034,600 66,400 Residential cinena Direct materials Conatruction labour-hours $1,425,000 18,500 200, Required: 1. Compute the cost of each job using the current system of cost allocation. (Do not round intermediate calculations.) School Residential Cinema Direct Material Construction Labour Overhead Total cost 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 conatruetion Painting Pinishing Amount $1,830,500 1,740,000 1,892,000 2,437, 500 Activity Meanure 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-houra rinishing-houre Schfool Renidential Cinena 38,500 36,120 60,600 39,550 49,380 41,460 44,250 47,660 94,000 a. Calculote the activity rates for each of the four activities. (Round your answers to 2 decimal places.) Activity Activity Rate Foundation laying per FLH Building construction Painting per CLH per PH Finishing 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