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The Gourmand Cooking School runs short cooking courses at its small campus. Manogement has identified...

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Accounting

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The Gourmand Cooking School runs short cooking courses at its small campus. Manogement has identified two cost divers 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 formulas appear below, For example, administrative expenses should be $3,800 per month plus $43 per course plus $6 per student. The company's sales should ayeroge $870 per student. The company planned to fun four courses with a total of 64 students, howevet, it actually ran four courses with a total of only 56 students. The actual operating results for Soptember were as follows: Required: Prepare a flexible budget performance report that shows both revenue and spending variances and activity variances for September, (Indicate the effect of each variance by selecting "F" for favorable, "U= for unfavorable, and "None

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