The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost ditivers it uses in its budgeting and performance reports-the number of courses and the total number of students. For example, the school might run two courses in a month and have a total of 60 students enrolied in those two courses. Data conceming the company's cost formulas appear below. For example, administrative expenses should be $3,500 per month plus $44 per course plus $5 per student. The company's sales should average $860 per student The company planned to run four courses with a total of 60 students; however, it actually ran four courses with a toral of only 56 students. The actual operating resuits for September were os follows Requlred: Prepare a flexible budget performance report that shows both revenue ond spending variances and activity variances for September Note: Indicate the effect of each vorlance by selecting "F" for favoroble, "U" for unfovorable, and "None" for no effect (l.e., zero variance). Input all amounts os positive volues. For example, administrative expenses should be $3.500 per month plus $44 per course plus $5 per student. The company's sales should average $860 per student. The company planned to run four courses with a total of 60 students; however, it actually ran four courses with a total of only 56 students. The actual operating results for September were as follows: Requlred: Prepare a flexible budget performance report that shows both revenue and spending varlances and activity variances for September. Note: Indicate the effect of each voriance by selecting "F" for fovorable, "U" for unfavorable, and "None" for no effect (l.e., zero veriance). Input all amounts as positlve values