Round answers to 2 decimal places

question: Omicronie Inc., provides project management services in the construction industry for a variety of clients. Each job is uniquely different and the Lynn Deberghie, the companys accountant decided to use job costing for the allocation of costs on the current jobs. She will be using construction-labour hours as the basis for overhead allocation. In December 2021, she estimated the following amounts for 2022:

Direct Materials	$15,650,000
Construction Labour	$11,200,000
Overhead	$9,800,000
Construction Labour-Hours	600,000

The following results for the first quarter of 2022 for the following jobs that were started and completed in that same period.

	Library	Dental Office	Medical Building
Direct Materials	$924,000	$1,134,600	$1,525,000
Construction Labour-Hours	76,400	47,200	19,500

1. Calculate the predetermined overhead allocation rate for 2022 and apply overhead to the three (3) jobs.
2. Calculate the cost of each job