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Managerial accounting The Gourmand cooking school runs short oooking courses at its small campus. Management has identified two cost drivers that it uses in its

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The Gourmand cooking school runs short oooking courses at its small campus. Management has identified two cost drivers that it uses in its budgeting and performance reports-the 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 62 students enrolled in those two courses. Data concerning the company's cost formulas appear below: Fixed Cost Cost per Cost per per Month Course Student Instructor wages $2,940 Classroom supplies $280 Utilities 1,210 80 5,100 Campus rent Insurance 2,100 Administrative expenses 3,600 46 7 For example, administrative expenses should be $3,600 per month plus $46 per course plus $7 per student. The company's sales should average $900 per student The actual operating results for September appear below: Actua Revenue 52,900 Instructor wages 11,040 Classroom supplies 17,210 Utilities 1,940 Campus rent 5,100 Insurance 2,240 Administrative expenses 3,644

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