• Perform a job costing analysis for a construction project at LMN Corporation using the following data:

  Cost Component	Amount ($)
  Materials	$20,000
  Labor	$15,000
  Overhead	$10,000

  Requirements:

  • Allocate costs to the construction project using job costing.
  • Present the analysis in a detailed table format.
  • Discuss the importance of job costing in project management and cost control.