The Gourmsnd Cooking School runs short cooking courses ot its smsll campua. Msnegement hss ident fied two cost drivers it uses in
ta budgeting and performance reportithe number of courses snd the totsl number of students. For exsmple, the achool might run
two courses In o month snd hove o totsl of students enroled in those two courses. Dsta concerning the compony's cost formulss
appear below:
For exsmple, sdmin'strstve expenses should be $ per month plus $ per course plus $ per student. The compeny's ssles
shoud svergge $ per student.
The compony planned to run four courses with o totsl of studentz; however, It ectuslly ron four courses weh a totsl of only
studenta. The sctus opereting results for September oppeor below:
Required:
Prepsere oflexible budiget performance report thst shows both revenue snd spending voriances and activity vsriances for September.
Indlicate the effect of each variance by selecting F for fovarable, U for unfovorable, and "None" for no effect Ie zero
varlance Input all amounts as positive values
