Exercise 12-8A (Algo) Allocating costs among products LO 12-3 Benson Construction Company expects to build three new homes during a specific accounting period. T estimated direct materials and labor costs are as follows. Assume Benson needs to allocate two major overhead costs ($35,600 of employee fringe benefits and $35,120 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.)