Your Mart (YM) has a Kaizen (continuous improvement) approach to budgeting activity area costs for each month of 2022. Each successive month, the budgeted cost driver rate decreases by 0.1% relative to the precoding month (so, for example, February's budgeted cost driver rate is 0.999 times Jantary's budgeted cost driver rate, and March's budgeted cost driver rate is 0.999 times the budgeted February 2022 rate). YM assumes that the budgefed amount of cost driver usage remains the same each month. Click the ioon to view the four activibes and their cost data ) Required 1. What is the total budgeted cost for each activity and the total budgeted indirect cost for March 2022 ? 2. What are the benofits of using a Kazen approach to budgeting? What are the limitations of this approach, and how might YM management overcome them? Activities and Cost Data