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The Gourmand Cooking School runs short cooking courses at its smill campus. Management has identified two cost dilvers it uses in its budoating and performence

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The Gourmand Cooking School runs short cooking courses at its smill campus. Management has identified two cost dilvers it uses in its budoating and performence pepors-the number of courses and the total number of shudents. For example, the school mioht rur two courses in a morith and have a total of 60 students erroled in those two courses. Data concereing the compery's cost formulas appear below: For exampie, adninistrabve expenses should be $3300 per month plus $45 per course plus $4 per sudent. The company's sales shauld average $990 per student. The company planned to nun four cosrses wht a total of 60 students howewec it actuady fan four courses whth a total of only 50 students. The actual operating results for September were as fotows: Required: Prepare a flexible budiget performance report that shows both revenue and spending vatances and acthiy varances for September. findicate the effect of each variance by selecting "F" for favorable. "U" for untavorable, and "None" for no effect (lie. zero variance). Input all amounts as positive values) The Gourmand Cooking School runs short cooking courses at its smill campus. Management has identified two cost dilvers it uses in its budoating and performence pepors-the number of courses and the total number of shudents. For example, the school mioht rur two courses in a morith and have a total of 60 students erroled in those two courses. Data concereing the compery's cost formulas appear below: For exampie, adninistrabve expenses should be $3300 per month plus $45 per course plus $4 per sudent. The company's sales shauld average $990 per student. The company planned to nun four cosrses wht a total of 60 students howewec it actuady fan four courses whth a total of only 50 students. The actual operating results for September were as fotows: Required: Prepare a flexible budiget performance report that shows both revenue and spending vatances and acthiy varances for September. findicate the effect of each variance by selecting "F" for favorable. "U" for untavorable, and "None" for no effect (lie. zero variance). Input all amounts as positive values)

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