Fortisan Company provides building services. Each building job is different from the others and the company's accountant uses a job- order costing system to allocate costs to the different jobs. She uses direct labour hours as the basis for overhead allocation and estimates the following amounts for the year: Direct materials Direct labour costs Overhead Direct labour hours $14,810,000 $ 8,000,000 $ 4,800,000 400,000 The accountant recorded the following data for the three jobs that Fortisan started and completed during the quarter. Direct materials Direct labour hours School $2,962,000 66,800 Residential $2,221,500 33,400 Cinema $4,443,000 16,700 Required: 1. Compute the predetermined overhead allocation rate for the year and apply overhead to the three jobs. (Round your "Predetermined overhead allocation rate" to 2 decimal places). Predetermined overhead allocation rate per DLH Overhead applied School Residential Cinema 2. Compute the cost of each job. (Do not round intermediate calculations). School Residential Cinema Direct materials Direct labour Overhead Total job cost