Exercise 12-8A (Algo) Allocating costs among products LO 12-3 Rooney Construction Company expects to bulld three new homes during a specific accounting period. The estimated direct materials and labor costs are as follows. Assume Rooney needs to allocate two major overhead costs ($34,000 of employee fringe benefits and $26,280 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.) rate" to 2 decimal places.)