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Please help thank you!! Roberds Tech is a for-profit vocational school. The school bases its budgets on two measures of activity (lie., cost drivers), namely

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Roberds Tech is a for-profit vocational school. The school bases its budgets on two measures of activity (lie., cost drivers), namely student and course. The school uses the following data in its budgeting: In March, the school budgeted for 1780 students and 75 courses. The school's income statement showing the actual results for the month appears below: Required: Prepare oflexible budget performance report showing both the school's activity variances and revenue and spending variances for March. Label each variance as favorable (F) or unfavorable (U). Note: Indicate the effect of each variance by selecting " F " for favorable, " U " for unfavorable, and "None" for no effect (i.e, zero varience). Input all amounts as positive values. \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Roberds Tech } \\ \hline \multicolumn{7}{|c|}{ Flexible Budget Performance Report } \\ \hline \multicolumn{7}{|c|}{ For the Month Ended March 31} \\ \hline & Actual Results & \multicolumn{2}{|c|}{\begin{tabular}{c} Revenue and Spending \\ Variances \end{tabular}} & \multirow{2}{*}{\begin{tabular}{r} Flexible Budget \\ 1,680 \\ \end{tabular}} & Activity Variances & \multirow{2}{*}{\begin{tabular}{l} \begin{tabular}{c} Planning \\ Eudget \end{tabular} \\ 1,780 \end{tabular}} \\ \hline Students & 1,60 & & & & & \\ \hline Courses & 78 & & & 78 & & 75 \\ \hline Revenue & 346,340 & 45,100 & U & & & \\ \hline \multicolumn{7}{|l|}{ Expenses: } \\ \hline Faculty wages & 208,450 & & u & & & \\ \hline Course wupplies & 53,090 & & u & & & \\ \hline Administrative expenses & 53.562 & & u & & & \\ \hline \multicolumn{7}{|l|}{ Total experse } \\ \hline Nel operating income & & & & & & \\ \hline \end{tabular}

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