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The Athens store of Gabriel's Corrier, a chain of small neighborhood convenience stores, has a Kaizen (continuous improvement) approach to budgeting monthly activity costs for
The Athens store of Gabriel's Corrier, a chain of small neighborhood convenience stores, has a Kaizen (continuous improvement) approach to budgeting monthly activity costs for each month of 2018. Gabriel's Corner 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 Athens 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 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.) Data Table Budgeted Cost-Driver Rates January February March $ 92.00 Activity Ordering Delivery Shelf-stocking Customer support 75.00 18.00 0.20 January 2018 Budgeted Cost-Driver January 2018 Budgeted Amount of Cost Driver Used Soft Fresh Packaged Drinks Snacks Food 15 24 15 Rate 92 Activity Cost Driver Ordering Number of purchase orders $ Delivery Number of deliveries $ Shelf-stocking Hours of stocking time $ Customer support Number of items sold $ 75 14 65 23 18.00 17 174 97 0.20 4.200 34,500 10.800 Print Done Enter any number in the edit fields and then click Check Answer The Athens store of Gabriel's Corrier, a chain of small neighborhood convenience stores, has a Kaizen (continuous improvement) approach to budgeting monthly activity costs for each month of 2018. Gabriel's Corner 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 Athens 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 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.) Data Table Budgeted Cost-Driver Rates January February March $ 92.00 Activity Ordering Delivery Shelf-stocking Customer support 75.00 18.00 0.20 January 2018 Budgeted Cost-Driver January 2018 Budgeted Amount of Cost Driver Used Soft Fresh Packaged Drinks Snacks Food 15 24 15 Rate 92 Activity Cost Driver Ordering Number of purchase orders $ Delivery Number of deliveries $ Shelf-stocking Hours of stocking time $ Customer support Number of items sold $ 75 14 65 23 18.00 17 174 97 0.20 4.200 34,500 10.800 Print Done Enter any number in the edit fields and then click Check
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