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Rundle Construction Company expects to build three new homes during a specific accounting period. The estimated direct material and labor costs are as follows. Direct

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Rundle Construction Company expects to build three new homes during a specific accounting period. The estimated direct material and labor costs are as follows. Direct labor Direct materiala 80,000 102.000 Home 2 Home $105,000 $107.000 149.000 181,000 Assume Rundle needs to allocate two major overhead costs ($55,800 of employee fringe benefits and $34,560 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.) Required Choose an appropriate cost driver for each of the overhead costs and determine the total cost of each house rate" to 2 decimal places.) Fringe Benefits Home Allocation Rate * Weight of Base - Allocated Cost $ 0 1 2 X Total $ 0 Indirect Materials: Home Allocation Rate x Weight of Base Allocated Cost 1 $ 0 2 X 0 ill 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 $ 0 0 0 Total cost 0

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