Please do both Requirement 1 &2.

Photos - Screenshot (5).png _ 0 See all photos + Add to Edit & Create Share A .. E Homework: Chapter 6 Exercises Question 1, E6-31 (simil... Part 1 of 4 HW Score: 53.23%, 10.65 of 20 points O Points: 0 of 5 Save The Rupert store of Carlson Mart , a chain of small neighborhood convenience stores, has a Kaizen (continuous improvement) approach to budgeting monthly activity costs for each month of 2018. Carlson Mart has three product categories: soft drinks (35% of cost of goods sold (COGS]), fresh snacks (25% of COGS), and packaged food (40% of COGS). The following table shows the four activities that consume indirect resources at the Rupert store, the cost drivers and their rates, and the cost-driver amount budgeted to be consumed by each activity in January 2018 B (Click the icon to view the four activities and their cost data.) (Click the icon to view additional cost driver information.) Read the requirements More info Requirement 1. What are the total budgeted costs for each activity and the total budgeted indirect cost for March 2018? Begin by calculating the budgeted cost-driver rates for February, then calculate March. (Round your answers to five decimal places, X.XXXXX 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. Activity Ordering Delivery Shelf-stocking Customer support Budgeted Cost-Driver Rates January February March $ 90.00 82.00 Print Done 24.00 0.20 Data table - X Requirements 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? January 2018 Budgeted Amount of Cost Driver Used Soft Fresh Packaged Drinks Snacks Food January 2018 Budgeted Cost-Driver Activity Cost Driver Rate Ordering Number of purchase orders $ 90 Delivery Number of deliveries $ 82 Shelf-stocking Hours of stocking time $ 24.00 Customer support Number of items sold $ 0.20 12 29 12 10 67 21 22 95 178 34 200 Print Done 4,400 11,000 Print Done Print 1 Type here to search o O it e J' - 56F Cloudy (x 10:37 AM 11/16/2021 Type here to search o t e 0 56F Cloudy x 10:42 AM 11/16/2021