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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 (

Q5(8 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 ,($20,000+$5S+$20C)
( $200S)
($2,500C)
($20S+30C)
ement showing the actual results for the month appears below:
Income Statement
For the Month Ended July 31
\table[[\table[[Actual students]],1,430],[Actual courses...,55],[Revenue..,$248,430
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