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EXY 1 fuly so. . 288. Brink Tech is a for-profit vocational school. The school bases its budgets on two measure of activity (i.e., cost drivers), namely student and course. The school uses the following data 1 its budgeting: Fixed W. Variable Variable element per element per element per month student course Revenue...................... $0 $212 . SO Faculty wages..................... . SO $2,000 Course supplies....... SO $26. $14 Administrative expenses..... $22,200 $12 - $35 In June, the school budgeted for 1.710 students and 110 courses. The school's income statement showing the actual results for the month appears below: 1/y s/w/14 - 202 1.510 - 22 Brink Tech | 1 Income Statement For the Month Ended June 30 Actual students................ Actual courses ................... 107 Revenue....... .............. $319,730 Expenses: Faculty wages................. 216,360 Course supplies............... 40,548 Administrative expenses. 43.325 Total expense ..................... 300.233 Net operating income........ $19.497 MO 107 Required: Prepare a flexible budget performance report showing both the school's activity variances and revenue and spending variances for June. Label each variance as favorable (F) or unfavorable (U). pute utatis M. Comput for the achiuty : Venance weiges esperse