Alyeski Tours operates day tours of coastal glaciers in Alaska on its tour boat the Blue Glacier. Management has identied two cost driversthe number of cruises and the number of passengersthat it uses in its budgeting and performance reports. The company publishes a schedule of day cruises that it may supplement with special sailings if there is sufcient demand. Up to 85 passengers can be accommodated on the tour boat. Data concerning the company's cost formulas appear below: Fixed Cost per Cost per Cost per Month Cruise Passenger Vessel operating costs $ 6,200 $ 470.00 $ 3.10 Advertising 5 3,000 Administrative costs $ 5,200 $ 36.00 $ 1.50 Insurance $ 3,100 For example, vessel operating costs should be $6,200 per month plus $470.00 per cruise plus $3.10 per passenger. The company's sales should average $33.00 per passenger. In July. the company provided 52 cruises for a total of3,000 passengers. Required: Prepare the company's flexible budget for July. Expenses: Vessel operating costs Advertising Administrative costs Insurance Total expense Net operating income The Gourmand Cooking School runs short cooking courses at its small campus. Management has identied two cost drivers it uses in its budgeting and performance reportsthe 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 60 students enrolled in those two courses. Data concerning the company's cost formulas appear below: Fixed Cost per Cost per Cost par Month Course Student Instructor wages $ 2,950 Classroom supplies $ 290 Utilities $ 1,240 $ 70 Campus rent $ 5,100 Insurance S 2,100 Administrative expenses $ 3,600 5 42 S 3 For example, administrative expenses should be $3,600 per month plus $42 per course plus $3 per student. The company's sales should average $900 per student. The company planned to run four courses with a total of 60 students; however, it actually ran four courses with a total of only 54 students. The actual operating results for September were as follows: Actual Revenue $ 51,100 Instructor wages $ 11,080 Classroom supplies 5 17,250 Utilities 5 1, 930 Campus rent $ 5,100 Insurance $ 2,240 Administrative expenses $ 3,374 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 favora ble, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.) Courses Students Revenue Expenses: Instructor wages Classroom supplies Utilities Campus rent Insurance Administrative expenses Total expense Net operating income Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides estimates concerning the company's costs: Fixed . Cost Per CuoifhEr Car Washed Cleaning supplies 5 0.30 Electricity $ 1,000 $ 0.06 Maintenance $ 0.30 Wages and salaries $ 4,200 $ 0.20 Depreciation $ 8,400 Rent $ 1,900 Administrative expenses $ 1,600 $ 0.04 For example, electricity costs should be $1,000 per month plus $0.06 per car washed. The company actually washed 3,600 cars in August and collected an average of $6.70 per car washed. Required: Prepare the company's flexible budget for August. Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Administrative expenses Total expense Nel operating income