The Stamford store of Fitzgeralds store, a chain of small neighborhood convenience stores, is prearing its activity based budged for january 2018.

15 Qui2. pis possible Question Help The Stamford store of Fitzgerald's Store, a chain of small neighborhood convenience stores, is preparing its activity-based budget for January 2018. Fitzgerald's Store has three product categories: soft drinks (35% of cost of goods sold [COGS]), fresh produce (25% of COGS), and packaged food (40% of COGS). The following table shows the four activities that consume indirect resources at the Stamford store, the cost drivers and their rates, and the cost-driver amount budgeted to be consumed by each activity in January 2018 Click the icon to view the activity and cost-driver information.) Read the requirements 4 ml Requirement 1. What is the total budgeted indirect cost at the Stamford store in January 2018? What is the total budgeted cost of each activity at the Stamford store for January 2018? What is the budgeted indirect cost of each product category for January 2018? Complete the following table to determine the total budgeted indirect cost, total budgeted cost of each activity, and budgeted indirect cost of each product category for January 2018. (Round the percentages to the nearest hundredth percent, X.XX%.) Soft Fresh Packaged Drinks Snacks Food Total a 21 g. Ordering sion Delivery Shelf-stocking 92 Customer support turer obco Total costs % endar Percentage of total indirect costs Requirement 2. Which product category has the largest fraction of total budgeted indirect costs? hegg.ch consumes the largest fraction of total budgeted indirect costs. e Stud Enter any number in the edit fields and then continue to the next question er to Ca idn't fit Save for Later HU PUOd Total % Ordering Delivery Shelf-stocking Customer support Total costs Percentage of total indirect costs % Requirement 2. Which product category has the largest fraction of total budgeted indirect costs? consumes the largest fraction of total budgeted indirect costs. Requirement 3. Given your answer in requirement 2, what advantage does Fitzgerald's Store gain by using an activity-based approach to budgeting over, say, allocating indirect costs to products based on cost of goods sold? An activity-based approach recognizes how different products require By recognizing this, Fitzgerald's Store managers are better able to budget for of individual product-line items sold. tud Enter any number in the edit fields and then continue to the next question. an .cd Cat fit Save for Later hours UVRS HOY E Ts Quiz: 5 pts Question Ho tamford store of Fitzgerald's Store, a chain of small neighborhood convenience stores, is preparing its activity-based budget for January 2018. Fitzgerald's S Product categories: soft drinks (35% of cost of goods sold [COGS]), fresh produce (25% of COGS), and packaged food (40% of COGS). The following tables Stivities that consume indirect resources at the Stamford store, the cost drivers and their rates, and the cost-driver amount budgeted to be consumed by each Jary 2018 dick the icon to view the action dicasted infomation me requirements i Data Table - X g . cking January 2018 Budgeted Cost-Driver er support January 2018 Budgeted Amount of Cost Driver Used Soft Fresh Packaged Drinks Snacks Food costs Rate age of total ind $ 94 Activity Cost Driver Ordering Number of purchase orders Delivery Number of deliveries Shelf-stocking Hours of stocking time Customer support Number of items sold 12 27 ment 2. Which 12 $ 82 9 65 20 $ V con 25.00 18 175 96 $ 0.21 4,800 34,500 10,900 ent 3. Given sts to produd Print Done pver, say, alloca -based appro get for of individual product-line items sold. anagers are bett umber in the edit fields and then continue to the next question. Later O