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The Georgetown store of General Mart, a chaih of small neighborhood convenience stores, is preparing its activity-based budget for January 2013 . General Mart has

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The Georgetown store of General Mart, a chaih of small neighborhood convenience stores, is preparing its activity-based budget for January 2013 . General Mart has three product calegories: 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 activites that consume indirect resources at the Georgetown store, the cost drivers and their rates, and the cosk-driver amount budgetod to be consumed by each activity in January 2013. Click the icon to view the activity and cost-driver information.) Requirements 1. What is the total budgeted indirect cost at the Georgetown store in January 2013 ? What is the total budgeted cost of each activity at the Georgetown shore for January 2013 ? What is the budgeted indirect cost of each product category for January 2013 ? 2. Which product category has the largest fraction of total budgeted indirect costs? 3. Given your answer in requirement 2, what advantage does General Mart gain by using an activily-based approach to budgeting over, say, allocating indirect cests to products based on colt of goods sold? Requirement 1. What is the total budgeted indirect cost at the Georgetown store in January 2013? What is the total budgeted cost of each activily at the Georgetewn store for January 2013? What is the budgeted indirect cost of each product eategory for January 2013? Complete the following table to determine the fotal budgeted indirect cost, total budgoted cost of each activity, and budgeled indirect cost of each product category for January 2013 . (Round the percentages to the nearest hundredth percert. xx%. (Click the icon to view the activity and cost-driver information.) Data table

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