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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
($200S)
($2,500C)
($20S+30C)
($20,000+$5S+$20C)
In July, the school's income statement showing the actual results for the month appears below:
Income Statement
For the Month Ended July 31
Actual students q,
Actual courses q,1,430
Revenue. q,
$248,430
Expenses:
Faculty wages q,
Course supplies q,
Administrative expenses q,
Total expense q,
\table[[144,340],[37,185],[34,960],[216,485],[$31,945
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