The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers 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 62 students enrolled in those two courses. Data concerning the company's cost formulas appear below: Fixed Cost Cost per Cost per per Month Course Student $ 2,950 Instructor wages Classroom supplies Utilities Campus rent Insurance Administrative expenses $290 $1,220 $ 75 $ 4,700 $2,900 $3,500 42 $3 For example, administrative expenses should be $3,500 per month plus $42 per course plus $3 per student. The company's sales should average $880 per student. The company planned to run four courses with a total of 62 students; however, it actually ran four courses with a total of only 60 students. The actual operating results for September appear below Revenue Instructor wages Classroom supplies Utilities Campus rent Insurance Administrative expenses Actual $ 51,668 $ 11,088 $ 17,830 $ 1,930 $ 4,70e $ 2,148 $ 3,280