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How to construct a table The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers it uses
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The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers it uses for budgeting purposes - the number of courses and the total number of students. For example, the school might run two courses in a month and hove a total of 65 students enrolled in those two courses. Data concerning the company's cost formulas appear below For example, administrative expenses should be $3,600 per month plus $43 per course plus $6 per student. The company's sales should average $850 per student. The company planned to run four courses with a total of 65 students, however, it actually ran four courses with a total of only 57 students. The actual operating results for September were as follows: Required: Prepare a fiexible budget performance report for Soptember. Note: indicate the effect of each variance by selecting " F " for favorable, " U " for unfavorable, and "None" for no effect (f.e., zero variance). Input all amounts as positive values. The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers it uses for budgeting purposes - the number of courses and the total number of students. For example, the school might run two courses in a month and hove a total of 65 students enrolled in those two courses. Data concerning the company's cost formulas appear below For example, administrative expenses should be $3,600 per month plus $43 per course plus $6 per student. The company's sales should average $850 per student. The company planned to run four courses with a total of 65 students, however, it actually ran four courses with a total of only 57 students. The actual operating results for September were as follows: Required: Prepare a fiexible budget performance report for Soptember. Note: indicate the effect of each variance by selecting " F " for favorable, " U " for unfavorable, and "None" for no effect (f.e., zero variance). Input all amounts as positive values Step by Step Solution
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