Exercise $4-7$A $($Algo$)$ Allocating costs among products LO $4-3$

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

$\backslash$table$[[$Expected Costs,Home $1,$Home $2,$Home $3],[$Direct labor,$$76,000,$$$94,000,$$$182,000$