has three product categories. soft drinks a 35% of cost neighborhood convenience stores, is preparihg...

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has three product categories. soft drinks a 35% of cost neighborhood convenience stores, is preparihg its activity-based budget for January 2021. Fitzgerald's Store shows the four activities that consume indiect resources at sold [COGS]), fresh produce (25\% of COGS), and packaged food (40\%, of COGS), The following lable each activity in January 2021 (Click the icon to view the activity and cost-driver information;) Read the requitements. Requirement 1. What is the total budgeted indirect cost at the Rupert store in January 2021? What is the total budgeted cost of each activity at the Rupert store for January 2021? What is the budgeted indirect cost of each product category for January 2021 ? Complete the following table to dotermine the total budgeted indirect cost, total budgeted cost of each activity, and budgeted indirect cost of each product category for January 2021. (Round the percantages to the noarest hundredth percent, .%.) Data table Requirements 1. What is the total budgeted indirect cost at the Rupert store in January 2021? What is the total budgeted cost of each activity at the Rupert store for January 2021? What is the budgeted indirect cost of each product category for January 2021? 2. Which product category has the largest fraction of total budgeted indirect costs? 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

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