Balrd Construction Company expects to build three new homes during a specific accounting period. The estimated direct materiais and labor costs are as follows. Expected Conta Home 1 Home 2 Home 3 Direct labor 572,000 $201.000 $179.000 Direct materiais 105,000 131,000 192,000 Assume Baird needs to allocate two major overhead costs ($70,400 of employee fringe benefits and $38,520 of indirect materials costs) among the three jobs Required Choose an appropriate cost driver for each of the overhead costs and determine the total cost of each house. (Round "Allocation rate" to 2 decimal places.) Fringe Benefits Home Allocation Rate * Weight of Base - Allocated Cost 1 2 3 Total Allocation Ratex Weight of Baso Allocated cost Indirect Materials Home 1 2 x 3 X Total The cost components to determine the total cost of each home Seved Choose an appropriate cost driver for each of the overhead costs and determine the total cost of each house. (Round "Allo rate" to 2 decimal places.) Fringe Benefits: Home Allocation Rate * Weight of Bane - Allocated Cost 1 2 X 3 Total Indirect Materials: Allocation Rate * Weight of Base - Allocated Cost Homo 1 2 x 3 Total Home 3 Total The cost components to determine the total cost of each house: Expected Costs Home 1 Home 2 Direct labor Direct materials Fringe benefits Indirect materials Total cost