resources at the Milton store, the cost drivers and their rates, and the cost-driver amount budgeted to be consumed by each activity in January 2021. (Click the icon to view the four activities and their cost data.) (Click the icon to view additional cost driver information.) Read the requirements. Requirement 1. What are the total budgeted costs for each activity and the total budgeted indirect cost for March 2021 ? Begin by calculating the budgeted cost-driver rates for February, then calculate March. (Round your answers to five decimal places, X.XXXXX.) Data table 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. Requirements 1. What are the total budgeted costs for each activity and the total budgeted indirect cost for March 2021 ? 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? resources at the Milton store, the cost drivers and their rates, and the cost-driver amount budgeted to be consumed by each activity in January 2021. (Click the icon to view the four activities and their cost data.) (Click the icon to view additional cost driver information.) Read the requirements. Requirement 1. What are the total budgeted costs for each activity and the total budgeted indirect cost for March 2021 ? Begin by calculating the budgeted cost-driver rates for February, then calculate March. (Round your answers to five decimal places, X.XXXXX.) Data table 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. Requirements 1. What are the total budgeted costs for each activity and the total budgeted indirect cost for March 2021 ? 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
