The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers that it uses in its budgeting and performance reportsthe 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 63 students enrolled in those two courses. Data concerning the companys cost formulas appear below: Fixed Cost per Month Cost per Course Cost per Student Instructor wages $ 2,970 Classroom supplies $ 270 Utilities $ 1,210 $ 70 Campus rent $ 4,700 Insurance $ 2,300 Administrative expenses $ 3,700 $ 45 $ 3 For example, administrative expenses should be $3,700 per month plus $45 per course plus $3 per student. The companys sales should average $870 per student. The actual operating results for September appear below: Actual Revenue $ 51,910 Instructor wages $ 11,160 Classroom supplies $ 16,860 Utilities $ 1,900 Campus rent $ 4,700 Insurance $ 2,440 Administrative expenses $ 3,495 Required:

1. The Gourmand Cooking School expects to run four courses with a total of 63 students in September. Complete the companys planning budget for this level of activity.

2. The school actually ran four courses with a total of 55 students in September. Complete the companys flexible budget for this level of activity.

3. Calculate the revenue and spending variances for September. (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 as positive values.)