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Brink 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.
Brink 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 the following data in its budgeting: In June, school budgeted for 1,710 students and 110 courses. The school's income statement showing the actual results for the month appears below: Required: Prepare a flexible budget performance report showing both the school's activity variances and revenue spending variances for June. Label each variance as favorable (F) or unfavorable (U)
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