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Problem 4 Eisner Tech is a non-profit vocational school. The school bases its budgets on two measures of activity (i.e., cost drivers), namely student and course. The school uses the following data in its budgeting Fixed elementVariable elementVariable element er student er course er month Revenue Faculty wages Course supplies Administrative expenses 0 $0 $0 $32,000 406 0 50 $22 $2,600 $35 $31 105 courses. The actual In January, the school budgeted for 1,110 students and activity for the month was 1,210 students and 103 courses Required Prepare the school's flexible budget (income statement) for the actual level of activity in January