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Answer the following question(s)using the information below.Sherry and John Enterprises are using the Kaizen approach to budgeting for 2019.The budgeted income statement for January 2019 is as follows:
Answer the following question(s)using the information below.Sherry and John Enterprises are using the Kaizen approach to budgeting for 2019.The budgeted income statement for January 2019 is as follows: Under the Kaizen approach, cost of goods sold and variable operating expenses are budgeted to decline by 1% per month. -The Saskatoon location of Catch Fish Inc.(CFI), a chain of stores that cater to fishing enthusiasts, is preparing its activity-based budget for 2020.CFI has three product categories: tackle, rods & reels, general merchandise like clothing and accessories.The following table shows the four activities that consume indirect resources at the Regina store, the cost drivers , cost driver rates, and the cost driver quantity budgeted to be consumed in each activity in 2020. Required: 1.For each product category calculate the activity-cost per unit sold for each of the four activities.2.Based on the result in Required 1. which product category is most out of line with regard to the others in terms of activity cost per unit of sales? Comment on a possible cause for this difference. Under the Kaizen approach, cost of goods sold and variable operating expenses are budgeted to decline by 1% per month.
-The Saskatoon location of Catch Fish Inc.(CFI), a chain of stores that cater to fishing enthusiasts, is preparing its activity-based budget for 2020.CFI has three product categories: tackle, rods & reels, general merchandise like clothing and accessories.The following table shows the four activities that consume indirect resources at the Regina store, the cost drivers , cost driver rates, and the cost driver quantity budgeted to be consumed in each activity in 2020. Answer the following question(s)using the information below.Sherry and John Enterprises are using the Kaizen approach to budgeting for 2019.The budgeted income statement for January 2019 is as follows: Under the Kaizen approach, cost of goods sold and variable operating expenses are budgeted to decline by 1% per month. -The Saskatoon location of Catch Fish Inc.(CFI), a chain of stores that cater to fishing enthusiasts, is preparing its activity-based budget for 2020.CFI has three product categories: tackle, rods & reels, general merchandise like clothing and accessories.The following table shows the four activities that consume indirect resources at the Regina store, the cost drivers , cost driver rates, and the cost driver quantity budgeted to be consumed in each activity in 2020. Required: 1.For each product category calculate the activity-cost per unit sold for each of the four activities.2.Based on the result in Required 1. which product category is most out of line with regard to the others in terms of activity cost per unit of sales? Comment on a possible cause for this difference. Required:
1.For each product category calculate the activity-cost per unit sold for each of the four activities.2.Based on the result in "Required 1." which product category is most out of line with regard to the others in terms of activity cost per unit of sales? Comment on a possible cause for this difference.

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