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Please fill in the table. Rooney Construction Company expects to build three new homes during a specific accounting period. The estimated direct materials and labor
Please fill in the table.
Rooney Construction Company expects to build three new homes during a specific accounting period. The estimated direct materials and labor costs are as follows. Assume Rooney needs to allocate two major overhead costs ($54,300 of employee fringe benefits and $22,100 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. Note: Round "Allocation rate" to 2 decimal placesStep by Step Solution
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