Oto 16.66 port Fixed Cost per cost per cost per Month Course Student 52.970 330 $1,220 $ 55,100 52.26 $3,500 5 Instructor ages Classroos suplies Utilities Campus rent Insurance Administrative expenses 8aaa book For example, administrative expenses should be $3,500 per month plus $42 per course plus 53 per student. The company's sales should average $850 per student The company planned to run four courses with a total of 62 students, however, it actually ran four courses with a total of only 58 students. The actual operating results for September appear below Actual Revenue 349,00 Instructor wages $11,160 Classroom supplies utilities $1.950 Campus rent $3,100 Insurance $ 2.340 Administrative expenses $ 3,200 $10.450 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 ... zero variance). Input all amounts as positive values.) Gourmand Cooking School Flexie Budget Performance Report For the Month Ended tetember 30 Fle Athalu Budget Planning Budget Cours Students 54 49,800 11,160 18.4501 1.950 Revue Expenses Instructor wees Classroom supplies Us Campusrat CE Administive expe To expense Net sporting Income 5.100 2,340 3.210 42200 7,5201 5