Fanya Construction Company expects to build three new homes during a specific accounting period and labor costs are as follows: direct materials Expected Costs Direct labor Direct materials Home 1 $40,000 30,000 Home 2 11 Home 3 $60,000 $100.000 50,000 80.000 points (8 01:45:09 Assume Fanya needs to allocate two major overhead costs ($80,000 of employee fringe ployee fringe benefits and $40,000 of indirect materials costs) among the three jobs. Required Choose an appropriate cost driver for each of the overhead costs and determine the (Round "Allocation rate" to 2 decimal places.) nous 90 0 eBook Fringe Benefits: House Allocation Rate Weight of 18 Print References TT Indirect Materials: House Allocation Allocated Rate # # Total 1 # TE VIEW Home 1 8 Total The cost components to determine the total cost of each house: Expected Costs Direct labor Direct materials Fringe benefits indirect Materials Total cost