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Roberds Tech is a for:profit vocational school. The school bases its budgets on two measures of activity (Le., cost drivers). namely student and course. The

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Roberds Tech is a for:profit vocational school. The school bases its budgets on two measures of activity (Le., cost drivers). namely student and course. The school uses the following data in its budgeting: In March, the school budgeted for 1,850 students and 82 courses. The school's income statement showing the actual results for the month appears below: Required: - Prepare a flexible budget performance report showing both the school's activity variances and revenue and spending varlances for March. Label each variance as favorable ( F ) or unfavorable (U). Note: 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 os positive volues. Required: Prepare a flexible budget performance report showing both the school's activity variances and revenue and spending variances for March. Label each varlance as favorable (F) or unfavorable (U). Note: Indicate the effect of each variance by selecting "F" for fovorable, " U " for unfovorable, and "None" for no effect (i.e., zero varionce). Input all omounts as positive values

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