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 Costs Home 1 Home 2 Home 3 Direct labor $ 75,000 $ 104,000 $ 171,000 Direct materials 101,000 145,000 199,000 Assume Zachary needs to allocate two major overhead costs ($70,000 of employee fringe benefits and $31,150 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.)

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 Costs Direct labor Direct materials Home 1 Home 2 Home 3 $ 75,000 $104,000 101,000 145,000 $171,000 199,000 Assume Zachary needs to allocate two major overhead costs ($70,000 of employee fringe benefits and $31,150 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: Weight of Base Allocated Cost Allocation Rate House X 1 0 X 2 0 3 0 $ Total 0 Indirect Materials : Weight of Base Allocated Cost Allocation Rate House 1 0 2 0 0 X $ 0 Total The cost components to determine the total cost of each house: Expected Costs Home 2 Home 3 Total Home 1 Direct labor 0 Direct materials 0 Fringe benefits 0 Indirect Materials 0 $ Total cost 0 $ $ 0 0 C