The Troy store of Gabriel's Corner, a chain of small neighborhood convenience stores, is preparing its activity-based budget for January 2018. Gabriel's Corner has three product categories: soft drinks (35% of cost of goods sold (COGST). fresh produce (25% of COGS), and packaged food (40% of COGS). The following table shows the four activities that consume indirect resources at the Troy 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. Requirement 1. What is the total budgeted indirect cost at the Troy store in January 2018? What is the total budgeted cost of each activity at the Troy 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 Data Table Ordering Delivery Shelf-stocking January 2018 January 2018 Budgeted Customer support Budgeted Amount of Cost Driver Used Total costs Cost-Driver Soft Fresh Packaged Percentage of total indirect costs % % % Activity Cost Driver Rate Drinks Snacks Food Ordering Number of purchase orders $ 90 28 Delivery Number of deliveries $ 85 14 63 Shelf-stocking Hours of stocking time $ 25.00 21 173 i Requirements Customer support Number of items sold $ 0.17 4,300 34,500 10,900 2017 19 Print Done 1. What is the total budgeted indirect cost at the Troy store in January 2018? What is the total budgeted cost of each activity at the Troy store for January 2018? What is the budgeted indirect cost of each product category for January 2018? 2. Which product category has the largest fraction of total budgeted indirect costs? 3. Given your answer in requirement 2, what advantage does Gabriel's Comer gain by using an activity-based approach to budgeting over, say, allocating indirect costs to products based on cost of goods sold