E Homework: Chapter 6 Homework Question 14, E6-31 (similar to) HW Score: 70.16%, 21.05 of 30 points Part 1 of 4 O Points: 0 of 2 Save The Orwell store of Henderson Mart, a chain of small neighborhood convenience stores, has a Kaizen (continuous improvement) approach to budgeting monthly activity costs for each month of 2021. Henderson Mart 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 Orwell store, the cost drivers and their rates, and the cost-driver amount budgeted to be consumed by each activity in January 2021. (Click the icon to view the four activities and their cost data.) i (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 2021? Begin by calculating the budgeted cost-driver rates for February, then calculate March. (Round your answers to five decimal places, X.XXXXX.) O Budgeted Cost-Driver Rates Activity January February March O Ordering 86.00 Delivery 78.00 Shelf-stocking 18.00 O Customer support 0.17 O Help me solve this Etext pages Get more help - Clear all Check answer= Homework: Chapter 6 Homework Question 14, E6-31 (similar to) HW Score: 70.16%, 21.05 of 30 points Save Part 1 of 4 O Points: 0 of 2 The Orwell store of Henderson Mart, a chain of small neighborhood convenience stores, has a Kaizen (continuous improvement) approach to budgeting monthly activity costs for each month of 2021. Henderson Mart 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 Orwell store, the cost drivers and their rates, and the cost-driver amount budgeted to be some an: 2021 (Click the icon to view the four activities and their cost data.) i (Click the icon to view X Data table Read the requirements. X More info January 2021 January 2021 Budgeted Budgeted Amount of Cost Driver Used Each successive month, the budgeted cost-driver rate decreases by 0.4% relative Cost-Driver Soft Fresh Packaged to the preceding month. So, for example, February's budgeted cost-driver rate is Activity Cost Driver Rate Drinks Snacks Food 0.996 times January's budgeted cost-driver rate, and March's budgeted cost-driver rate is 0.996 times the budgeted February rate. Henderson Mart assumes that the Ordering Number of purchase orders 86 17 24 17 budgeted amount of cost-driver usage remains the same each month. Delivery Number of deliveries 78 12 64 22 Shelf-stocking Hours of stocking time 18.00 19 172 93 Customer support Number of items sold 0.17 4,300 34, 100 10,800 Print Done Print Done O Help me solve this Etext pages Get more help - Clear all Check answer= Homework: Chapter 6 Homework Question 14, E6-31 (similar to) HW Score: 70.16%, 21.05 of 30 points Save Part 1 of 4 O Points: 0 of 2 The Orwell store of Henderson Mart, a chain of small neighborhood convenience stores, has a Kaizen (continuous improvement) approach to budgeting monthly activity costs for each month of 2021. Henderson Mart 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 Orwell store, the cost drivers and their rates, and the cost-driver amount budgeted to be consumed by each activity in January 2021. (Click the icon to view the four activities and their cost data.) i (Click the icon to view additional cost driver information.) Read the requirements. - X Requirements Requirement 1. What are the total budgeted costs fo Begin by calculating the budgeted cost-driver rates fo 1. What are the total budgeted costs for each activity and the total budgeted indirect cost for March 2021? O Budgeted Cost-Driver R 2. What are the benefits of using a Kaizen approach to budgeting? What are the limitations of this approach, and how might Henderson Mart management Activity January February overcome them? O Ordering $ 86.00 Delivery 78.00 Shelf-stocking 18.00 O Print Done Customer support 0.17 O Help me solve this Etext pages Get more help - Clear all Check