Franklin Construction Company expects to build three new homes during a specific accounting period. The estimated direct materials and labor costs are as follows Expected Costs Direct labor Direct materials Home 2 99,900 175,000 141,000 Home 3 Home 1 $ 63,000 104,000 191,000 Assume Franklin needs to allocate two major overhead costs ($67,400 of employee fringe benefits and $21,800 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 House Allocation Rate x Weight of BaseAllocated Cost 2 Total Indirect Materials House Allocation Rate x Weight of BaseAllocated Cost 2 Total The cost components to determine the total cost of each house Home 3 Expected Costs Direct labor Direct materials Fringe benefits Indirect Materials Home 1 Home 2 Total Total cost