Can you also show the specifics about how you get to the finals answers! Thanks
View previous attempt Check my work 1 Revenue Instructor wages Classroom supplies Utilities Campus rent Insurance Administrative expenses Actual $ 50, 170 $ 11,040 $ 17,540 $ 1,870 $ 4,900 $ 2,440 $ 3,646 10 points eBook 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" for no effect (.e., zero variance). Input all amounts as positive values.) Print Gourmand Cooking School Flexible Budget Performance Report For the Month Ended September 30 References Actual Results Revenue and Spending Variances Flexible Budget Activity Variances Planning Budget Courses 4 Students 53 53 $ 50,170 $ 4,060F $ 46, 110 11,040 11,400 F 11,400 17,540 Revenue Expenses: Instructor wages Classroom supplies Utilities Campus rent Insurance Administrative expenses Total expense Net operating income 1,870 4,900 2,440 3,646 41,436 8,734 $ View previous attempt Check my work 1 Exercise 9-6 (Algo) Working with More Than One Cost Driver (LO9-2, LO9-3, LO9-5, LO9-6) 10 points The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified 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 61 students enrolled in those two courses. Data concerning the company's cost formulas appear below: eBook Fixed Cost per Cost per Cost per Month Course Student $ 2,940 $290 $1,220 $ 60 $4,900 $2,300 $3,800 $ 44 $ 4 Instructor wages Classroom supplies Utilities Campus rent Insurance Administrative expenses Print References For example, administrative expenses should be $3,800 per month plus $44 per course plus $4 per student. The company's sales should average $870 per student. The company planned to run four courses with a total of 61 students; however, it actually ran four courses with a total of only 53 students. The actual operating results for September were as follows: Revenue Instructor wages Classroom supplies Utilities Campus rent Insurance Administrative expenses Actual $ 50, 170 $ 11,040 $ 17,540 $ 1,870 $ 4,900 $ 2,440 $ 3,646 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" for no effect (i.e., zero variance). Input all amounts as positive values.)
