Kelly 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 OverheadConstruction labour hours $ $14,584,000$ $ $10,500,0008,800,000500,000$ Byrd recorded the following for the third quarter of $2022$ for the three jobs that the company started and completed during the quarter School Residential Cinema Direct materials $ $864,000$ $ $1,520,000$ $ $1,499,000$ Construction labour hours $66,20039,20020,200$

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 $17\mathrm{.}60$ per DLH