Required: 1. Prepare the company's planning budget for September. 2. Prepare the company's flexible budget for September. 3.Calculate the revenue and spending variances for September. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare the company's planning budget for September Gourmand Cooking School Planning Budget For the Month Ended September 30 Revenue Expenses Instructor wages Classroom supplies Utilities Campus rent Insurance Administrative expenses Total expense Net operating income Complete this question by entering your answers in the tabs below. Required 1Required 2 Required 3 Prepare the company's flexible budget for September Gourmand Cooking School Flexible Budget For the Month Ended September 30 Revenue Expenses Instructor wages Classroom supplies Utilities Campus rent Insurance Administrative expenses Total expense Net operating income KRequired1 Required 3 > Required 1 Required 2 Required 3 Calculate the revenue and spending variances for September. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.) Gourmand Cooking School venue and Spending Variances For the Month Ended September 30 Actual Results Revenue and Spending Variances Flexible Budget Courses 4 Students Revenue $50,780 Expenses Instructor wages Classroom supplies Utilities Campus rent Insurance Administrative expenses 10,880 16,320 1,900 4,900 2,540 4,021 40,561 $10,219 Total expense Net operating income K Required 2 Required 3