Rizza Tech is a for-profit vocational school. The school bases its budgets on two measures of activity (i.e., cost drivers), namely student and course. The school uses the following data in its budgeting:

	Fixed element per month			Variable element per student			Variable element per course
Revenue	$	0		$	160		$	0
Faculty wages	$	0		$	0		$	2,700
Course supplies	$	0		$	25.50		$	21.0
Administrative expenses	$	12,800		$	6.0		$	39.0

In April, the school budgeted for 1,250 students and 45 courses. The school's income statement showing the actual results for the month appears below:

Income Statement- Ended April 30

Actual students		1,650
Actual courses		47
Revenue	$	271,490
Expenses:
Faculty wages		124,780
Course supplies		43,890
Administrative expenses		24,394
Total expense		193,064
Net operating income	$	78,426

Prepare a report showing the school's revenue and spending variances for April