Check my work Exercise 12-8A (Algo) Allocating costs among products LO 12-3 Jordan Construction Company expects to build three new homes during a specific accounting period. The estimated direct materials and labor costs are as follows. Expected Costa Direct labor Direct materials Home 1 $ 67,000 95,000 Home 2 $105,000 150,000 Home 3 $190,000 199.000 Assume Jordan needs to allocate two major overhead costs ($36,200 of employee fringe benefits and $17760 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 1 Allocation Rate Weight of Base Allocated Cost X X 2 3 Prov 1 of 3 Next > MacBook Uuygusleu Sites Web Slice Gallery Aspen G Google 8 Home - Woodstock ... AquaVision 2010 HWA Saved Fringe Benefits: Home Allocation Rate x Weight of Base 11 Allocated Cost 1 X 2 x = 3 X II Total ok ht Indirect Materials: int Home Allocation Rate x Weight of Base Allocated Cost 1 ences X X X X 2 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 Prev 1 of 3 Next > Google Home - Woodstock ... AquaVision 20 Saved Indirect Materials: Home Allocation Rate x Weight of Base = Allocated Cost 1 Il 2 = 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