The actual and planned data for Underwater University for the Fall term were as follows: Planned 4,125 $135 43,200 $275 $60 $825,600 $825,600 Actual Enrollment Tuition per credit hour Credit hours Registration, records, and marketing cost per enrolled student Instructional costs per credit hour Depreciation on classrooms and equipment Registration, records, and marketing costs vary by the number of enrolled students, while instructional costs vary by the number of credit hours Depreciation is a fixed cost a. Prepare a variable costing income statement showing the contribution margin and income from operations for the Fall term 4,500 $120 60,450 $275 $64 Underwater University Variable Costing Income Statement For the Fall Term Revenue Variable costs Registration, records, and marketing cost Instructional costs Total variable costs Contribution margin Depreciation on classrooms and equipment Income from operations b. Prepare a contribution margin analysis report comparing planned with actual performance for the Fall term. If an amount is zero, enter "O". Underwater University Contribution Margin Analysis For the Fal Term Planned contribution margin Effect of change in revenue: Revenue quantity factor Unit price factor Total effect of change in revenue Effect of changes in registration, records, and marketing costs: Variable cost quantity factor Unit cost factor Total effect of changes in registration, records, and marketing costs Effect of changes in instructional costs: Variable cost quantity factor Unit cost factor Total effect of changes in instructional cost Actual contribution margin