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Jordan Construction Company expects to build three new homes during a specific accounting period. The estimated direct materials and labor costs are as follows. Expected

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Jordan 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 1 $ 73,000 104,000 Home 2 $ 95,000 142,000 Home 3 $186,000 198,000 Assume Jordan needs to allocate two major overhead costs ($35,400 of employee fringe benefits and $17760 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 x Weight of Base - Allocated Cost $ 0 X 0 2 3 0 Total $ 0 Indirect Materials Home Allocation Rate * Weight of Base 1 X Allocated Cost $ 0 0 x 2 3 Total x 0 $ 0 The cost components to determine the total cost of each house: rate" to 2 decimai piaces.) Fringe Benefits: Home Allocation Rate x Weight of Base = Allocated Cost 1 x $ 0 2 0 $ II 11 3 11 0 Total $ 0 Indirect Materials: Home Allocation Rate x Weight of Base = Allocated Cost 1 0 = $ 2 11 0 11 3 0 Total $ 0 Home 3 Total $ O 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 $ 0 $ 0 0 0 0 0 $ $ 0 $ 0

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