2. Tyler Case, the company's CEO, recently returned from a seminar on activity-based costing and instructed Kalagnanam to consider implementing the new system. As a first step, he instructed her to analyze the overhead costs for 2021. Through her research she was able to derive the following breakdown of the estimated overhead costs for 2021: Activity Amount Activity Volume Foundation laying Activity Measure Foundation-laying hours Construction labour-hours 337,000 Building construction $ 1,432,250 1,300,000 1,350,000 1,500,000 400,000 Painting Painting-hours Finishing-hours 450,000 Finishing 600,000 She also documented the following activity on the three jobs during the first quarter of 2021 (in addition to the construction labour- hours consumed by the three jobs): S Cinema Schfool Residential 43,140 41,700 Foundation-laying hours 49,800 59,400 Painting-hours 37,125 51,975 31,200 Finishing-hours 46,800 78,000 a. Calculate the activity rates for each of the four activities. (Round your answers to 2 decimal places.) A Activity Activity Rate Foundation laying Building construction Painting per FLH per CLH per PH finishing

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 $11, 648, 000 Construction labour 6,500,000 Overhead 5, 582, 250 Construction labour-hours 400, 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 $655, 250 $786, 300 $1, 179,450 Construction labour-hours 54, 000 32, 000 14, 000 Required: 1. Compute the cost of each job using the current system of cost allocation. (Round intermediate calculations to 2 decimal places.) School Residential Cinema Direct Material Construction Labour Overhead