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

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Rundle Construction Company expects to build three new homes during a specific accounting perlod. The estimated direct materials and labor costs are as follows Expected Costaone 2ome Direct labor $ 80,000 $103,000 $172,000 Direct materials 107,000 139,000 191,000 Assume Rundle needs to alocate two major overhead costs ($53,250 of employee fringe benefits and $13.10 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.) ringe Benefits House Allocation Rate Weight ol Bse Allocated Cost Total Indirect Materials Allocation Rate Welght of ase Allocated Cost Total The cost components to determine the total cost of each house Expected Costs Home 1 Home 2 Home 3 Tolal 80,000 S 103,000172,000 $ 355,000 107,000 Direct labor Direct materials Fringe berefts Indirect Materials 139,000 191,000 437,000 Total cost

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