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Q 5 ( 8 Marks ) : Hikma. is a vocational school. The school bases its budgets on two measures: the Number of Students (
Q Marks: Hikma. is a vocational school. The school bases its budgets on two measures: the Number of Students S and Number of Courses C and as per the following formula:
Revenues
Faculty Wages
Course Supplies
Administrative expenses
In July, the school's incomestares $$$
$
$
$
ement showing the actual results for the month appears below:
Income Statement
For the Month Ended July
tabletableActual studentsActual courses...,Revenue$
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