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can completion 1 Belum ten The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers it uses in its budgeting and performance reports--the number of courses and the total number of students. For example, the school might run two courses in a month and have a total of 64 students enrolled in those two courses. Data concerning the company's cost formules appear below: Fixed cost Cost per Cost per per Month Course Student Instructor wages $ 2,960 Classroom supplies Utilities $ 1,230 $ 90 Campus rent $ 5,100 Insurance $ 2,200 Administrative expenses $ 3,600 $ 40 $ 6 For example, administrative expenses should be $3,600 per month plus $40 per course plus $6 per student. The company's sales should average $880 per student. $ 280 The company planned to run four courses with a total of 6 students, however, it actually ran four courses with a total of only 56 students. The actual operating results for September appear below: Revenue Instructor wages Classroom supplies Utilities Campus rent Insurance Administrative expenses Actual $ 53, 420 $ 11, 120 $ 17,770 $ 2,800 $ 5,100 $ 2,340 $ 3,570 1 Return to get Required 1 Required 2 Required 3 Calculate the revenue and spending variances for September (Indicate the effect of each variance by selecting for favorable, "U" for unfavorable, and "None" for no effect ( zero variance). Input all amounts as positive values) 10 Soints Gourmand Cooking School Revenue and Spending Variances For the Month Ended September 30 Actual Revenue and Results Spending Variances 4 56 Flexible Budget Courses Students $ 53,420 Revenue Expenses Instructor wages Classroom supplies Uits Campus rent Insurance Administrative expenses Total expense Net operating income 11.120 17.770 2.000 5.100 2.340 3,570 41,000 $ 11,520 Next > Required 1 Required 2 Required 3 Prepare the company's flexible budget for September Gourmand Cooking School Flexible Budget For the Month Ended September 30 Revenue Expenses: Instructor wages Classroom supplies Utilities Campus rent Insurance Administrative expenses Total expense Net operating income 0 $ 0 Required 33 (Required

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