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 Cost Direct labor Direct materials Home 3 $79,000 Tome 2 $100,000 Tome 3 $183,000 91,000 140,000 196,000 Assume Franklin needs to allocate two major overhead costs ($54,300 of employee fringe benefits and $12,810 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 rete" to 2 decimal places.) Fringe Benefits: Home Allocation Rate x Weight of Base Allocated Cost 1 NO 2 3 Total lodirect Materials: Home Allocation Ratex Weight of Base Allocated Cost 1 2 3 X Total The cost components to determine the total cost of each house: Expected Costs Direct labor Direct materials Fringe benefits Home 1 Home 2 Home 3 Total Stop sharing