Homework: Chapter 6 Homework Score: 0 of 1 pt E6-31 (similar to) 1 of 5 (0 complete) The Stamford store of Carlson Mart, a chain of small neighborhood convenience stores, has a Kaizen (continuous improvement) appro soft drinks (35% of cost of goods sold (COGST), fresh snacks (25% of COGS), and packaged food (40% of COGS). The following table rates, and the cost-driver amount budgeted to be consumed by each activity in January 2018, (Click the icon to view the four activities and their cost data.) (Click the icon to view additional cost driver information.) Read the requirements Data 0 Requirements - X direct cost for March 2018 nd your answers to five de 1. What are the total budgeted costs for each activity and the total budgeted indirect cost for March 2018? 2. What are the benefits of using a Kaizen approach to budgeting? What are the limitations of this approach, and how might Carlson Mart management overcome them? Ordering Delivery Kaizen (continuous improvement) approach to budgeting monthly activity costs for each month of 2018. Carlson Mart has three product categories: od (40% of COGS). The following table shows the four activities that consume indirect resources at the Stamford store, the cost drivers and their ditional cost driver information.) i Data Table rect cost for March 2014 your answers to five de January 2018 Budgeted Cost-Driver Rate $ 95 January 2018 Budgeted Amount of Cost Driver Used Soft Fresh Packaged Drinks Snacks Food 14 29 Activity Cost Driver Ordering Number of purchase orders Delivery Number of deliveries Shelf-stocking Hours of stocking time Customer support Number of items sold $ 82 24.00 177 $ $ 0.20 4,800 34.700 10,800 Requirement 1. What are the total budgeted costs for each activity and the total budgeted indirect cost for Marc Begin by calculating the budgeted cost-driver rates for February, then calculate March. (Round your answers to Budgeted Cost-Driver Rates Activity January February Ordering 95.00 Delivery 82.00 Shelf-stocking 24.00 Customer support 0.20 March ach activity and the total budgeted indirect cost for March 2018? Abruary, then calculate March. (Round your answers to five decimal places, X.XXXXX.) rch * More Info Each successive month, the budgeted cost-driver rate decreases by 0.3% relative to the preceding month. So, for example, February's budgeted cost-driver rate is 0.997 times January's budgeted cost-driver rate, and March's budgeted cost-driver rate is 0.997 times the budgeted February rate. Carlson Mart assumes that the budgeted amount of cost-driver usage remains the same each month. Homework: Chapter 6 Homework Score: 0 of 1 pt E6-31 (similar to) 1 of 5 (0 complete) The Stamford store of Carlson Mart, a chain of small neighborhood convenience stores, has a Kaizen (continuous improvement) appro soft drinks (35% of cost of goods sold (COGST), fresh snacks (25% of COGS), and packaged food (40% of COGS). The following table rates, and the cost-driver amount budgeted to be consumed by each activity in January 2018, (Click the icon to view the four activities and their cost data.) (Click the icon to view additional cost driver information.) Read the requirements Data 0 Requirements - X direct cost for March 2018 nd your answers to five de 1. What are the total budgeted costs for each activity and the total budgeted indirect cost for March 2018? 2. What are the benefits of using a Kaizen approach to budgeting? What are the limitations of this approach, and how might Carlson Mart management overcome them? Ordering Delivery Kaizen (continuous improvement) approach to budgeting monthly activity costs for each month of 2018. Carlson Mart has three product categories: od (40% of COGS). The following table shows the four activities that consume indirect resources at the Stamford store, the cost drivers and their ditional cost driver information.) i Data Table rect cost for March 2014 your answers to five de January 2018 Budgeted Cost-Driver Rate $ 95 January 2018 Budgeted Amount of Cost Driver Used Soft Fresh Packaged Drinks Snacks Food 14 29 Activity Cost Driver Ordering Number of purchase orders Delivery Number of deliveries Shelf-stocking Hours of stocking time Customer support Number of items sold $ 82 24.00 177 $ $ 0.20 4,800 34.700 10,800 Requirement 1. What are the total budgeted costs for each activity and the total budgeted indirect cost for Marc Begin by calculating the budgeted cost-driver rates for February, then calculate March. (Round your answers to Budgeted Cost-Driver Rates Activity January February Ordering 95.00 Delivery 82.00 Shelf-stocking 24.00 Customer support 0.20 March ach activity and the total budgeted indirect cost for March 2018? Abruary, then calculate March. (Round your answers to five decimal places, X.XXXXX.) rch * More Info Each successive month, the budgeted cost-driver rate decreases by 0.3% relative to the preceding month. So, for example, February's budgeted cost-driver rate is 0.997 times January's budgeted cost-driver rate, and March's budgeted cost-driver rate is 0.997 times the budgeted February rate. Carlson Mart assumes that the budgeted amount of cost-driver usage remains the same each month