2. Carnes Tech is a for-profit vocational school. The school bases its budgets on two measures of activity (i.e., cost drivers), namely student and course. The school uses the following data in its budgeting: In February, the school budgeted for 1,570 students and 143 courses. The actual activity for the month was 1,370 students and 145 courses. Required: Please show all work Prepare a report showing the school's activity variances for February. Label each variance as favorable (F) or unfavorable (U).