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question 3 Check my work 3 Zachary Construction Company expects to build three new homes during a specific accounting period. The estimated direct materials and
question 3
Check my work 3 Zachary Construction Company expects to build three new homes during a specific accounting period. The estimated direct materials and labor costs are as follows: 20 points Expected Costs Direct labor Direct materials Home 1 Home 2 $ 78,000 $ 95,000 109,000 149,000 Home 3 $170,000 200,000 Assume Zachary needs to allocate two major overhead costs ($68,600 of employee fringe benefits and $9,160 of indirect materials costs) among the three jobs. eBook 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.) Hint Fringe Benefits: Ask House Allocation Rate x Weight of Base - Allocated Cost $ 0 1 x Print 2 D 0 Total $ 0 References Indirect Materials: House 1 Allocation Rate x Weight of Base = Allocated Cost $ 0 0 X X 2 3 0 Total $ 0 The cost components to determine the total cost of each house: Expected Costs Home 1 Home 2 Direct labor Home 3 Total $ 0 m. 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.) 20 points Fringe Benefits: House Allocation Rate x Weight of Base = Allocated Cost 1 $ 0 2 X 0 eBook 3 0 X Total $ 0 Hint Indirect Materials: House 1 Allocation Rate x Weight of Base = Allocated Cost $ 0 ASK 2 0 0 3 Total Print S 0 References Home 3 Total 0 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 $ 0Step by Step Solution
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