Expected Costs Direct labor Direct materials Home 1 $ 76,000 105,000 Home 2 $ 95,000 139,000 Home 3 $ 172,000 183,000 Assume Baird needs to allocate two major overhead costs ($51,450 of employee fringe benefits and $21,350 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 2 3 Total Allocation Rate * Weight of Base Allocated Cost Indirect Materials: Home 1 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