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 Home 1 Home 2 Costs Home 3 Direct labor $ 71,000 $100,000 $173,000 Direct materials 100,000 136,000 183,000 Assume Franklin needs to allocate two major overhead costs ($68,800 of employee fringe benefits and $8,380 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.) Home Rate of Base Cost = = 1 2 3 Total Weight of Base = Allocated Cost Indirect Materials: Allocation Home Rate 1 2 3 Total X = = Total The cost components to determine the total cost of each house: Expected Home 1 Home 2 Home 3 Costs Direct labor Direct materials Fringe benefits Indirect materials Total cost