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need help with blanks in sheet! thank you! The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost
need help with blanks in sheet! thank you!
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 reports-the number of courses and the total number of students. For example, the school might rum two courses in a month and have a total of 61 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 $40 per course plus $6 per student. The company's sales should average $860 per student. The company planned to run four courses with a total of 61 students; however, it actually ran four courses with a total of only 51 students. The actual operating results for September were as followe. The company planned to run four courses with a total of 61 students; however, it actually ran four courses with a total of only 51 students. The actual operating results for September were as follows: 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.) Goumand Cooking School Flexible Budget Performance Report Step by Step Solution
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