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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

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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 materials $ 10,192,000 Construction labour 5,250,000 Overhead 3,334,700 Construction labour-hours 350,000 Kalagnanam recorded the following for the first quarter of 2021 for the three jobs that the company started and completed during the quarter School Residential Cinema Direct materials $ 573,250 S 687.900 $1,03 Construction labour-hours 47 200 28.000 12,200 Required: 1. Compute the cost of each ob using the current system of cost allocation (Round Intermediate calculations to 2 decimal placen.) School Residential Cinema Direct Material Construction Labour Overhead Total cost 2/2 1001 2. Tyler Case, the company's CEO,rely returned from aron activity and costing instructed Kaanam lo consider implementing the news. As a first three analyze the overhead costs for 2001. Though her research she was able to drive the following breakdown of the estimated vead costo 2001 Activity Amount Adivy More AW Foundation and $ 4700 Foog hours 204.600 Buding construction 700.000 Construction about 350.000 Pain 700.000 Painting 400.000 1050 000 Fring how 525.000 WAT 00 View She also documented the following activity on the three job during the first quarter of 2005 addition to the construction about hours consumed by the Foundation Layng hours School Red Cher 370 360 45.000 Part-hour 5.000 13.000 41200 Figo 27300 40.960 B250 a. Calculate the activity rates for each of the four adivi (Round your awwers to 2 decimal place) Activity Foundationing Building construction Painting Finishing Activity Rate par FH per EP 1 b. Calculate the cost of each jog activity-based coating (Do not rond Intermediate calculations and round your finanswers narest to whole number School Residenti Cinema

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