Ibrahim Institute of Vocational Learning is an academic institute which prepares its budget based upon two cost drivers, namely number of students and number of courses. The budgeting data given below relates to the month of November: Fixed component per month (Rs.) o Variable component per student (Rs.) 408 Variable component per course (Rs.) 0 2,400 46 0 0 Revenue Teacher salaries Course materials Operating expenses 0 69 33,100 15 33 In November, the institute budgeted for 1,420 students and 145 courses. The actual activity for the month was 1,810 students and 139 courses. Prepare the planning budget for the month of November