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Zachary 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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Zachary Construction Company expects to build three new homes during a specific accounting period. The estimated direct materials and labor costs are as follows. Expected Coats Direct labor Direct materials Home I $ 71,000 94,000 Home 2 Home 3 $ 94,000 $179,000 133,000 191,000 Assume Zachary needs to allocate two major overhead costs ($68,800 of employee fringe benefits and $37,620 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 11 2 11 0 0 0 3 X 11 Total $ 0 Indirect Materials: Home Allocation Rate x Weight of Base = Allocated Cost $ 1 11 $ 11 2 3 Total 0 0 0 x 11 $ Home 3 Total $ LA 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 $ 0

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