Question: Your Mart (YM) has a Kaizen (continuous improvement) approach to budgeting activity area costs for each month of 2022. Each successive month, the budgeted

Your Mart (YM) has a Kaizen (continuous improvement) approach to budgeting activity area costs for each month of 2022.Each sJanuary 2022 BudgetedAmount of Cost Driver UsedSoftDrinksFreshProducePackagedFoodActivityJanuary 2022Budgeted Cost

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 0.2% relative to the preceding month (so, for example, February's budgeted cost driver rate is 0.998 times January's budgeted cost driver rate, and March's budgeted cost driver rate is 0.998 times the budgeted February 2022 rate). YM assumes that the budgeted amount of cost driver usage remains the same each month. (Click the icon to view the four activities 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 benefits of using a Kaizen approach to budgeting? What are the limitations of this approach, and how might YM management overcome them? .. Requirement 1. What is the total budgeted cost for each activity and the total budgeted indirect cost for March 2022? Begin by calculating the budgeted cost driver rates for February. Then calculate March. (Round your answers to five decimal places.) Budgeted Cost Driver Rates January Activity February March Ordering $ 92.00 Delivery 86.00 Shelf-stocking 22.00 Customer support 0.14 January 2022 Budgeted Amount of Cost Driver Used January 2022 Budgeted Cost Driver Rate Soft Fresh Packaged Activity Cost Driver Drinks Produce Food Ordering Number of purchase orders $ 92.00 16 21 16 Delivery Number of deliveries $ 86.00 11 65 17 Shelf-stocking Hours of stocking time 22.00 18 170 90 Customer support Number of items sold $ 0.14 4,850 34,200 11,250

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