can you please show steps, as i am trying to understand how to work this problem? i will rate. thank you

Exercise 9-6 (Algo) Working with More Than One Cost Driver (LO9-2, LO9-3, LO9-5, LO9-6] 7 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 64 students enrolled in those two courses. Data concerning the company's cost formulas appear below: 0.7 points Fixed Cost per Month Cost per Course $ 2,930 Cost per Student eBook References $ 280 $ 80 Instructor wages Classroom supplies Utilities Campus rent Insurance Administrative expenses $ 1,210 $ 5,100 $ 2,300 $ 3,800 $ 43 $ 4 For example, administrative expenses should be $3,800 per month plus $43 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 64 students; however, it actually ran four courses with a total of only 54 students. The actual operating results for September were as follows: Revenue Instructor wages Classroom supplies Utilities Campus rent Insurance Administrative expenses Actual $ 52,780 $ 11,000 $ 17,770 $ 1,940 $ 5,100 $ 2,440 $ 3,654 Required: 7 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.) 0.7 points Gourmand Cooking School Flexible Budget Performance Report For the Month Ended September 30 eBook Actual Results Flexible Budget Planning Budget References Courses 4 Students 54 Revenue $ 52,780 Expenses: Instructor wages Classroom supplies Utilities Campus rent Insurance Administrative expenses Total expense Net operating income 11,000 17,770 1,940 5,100 2,440 3,654 41,904 10,876 $