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 65 students enrolled in those two courses. Data concerning the company's cost formulas appear below: Instructor wages Classroom supplies Fixed Cost per Month Utilities Campus rent Insurance Administrative expenses Cost per Cost per Course Student $ 2,980 $ 280 $1,250 $ 55 $ 5,000 $ 2,100 $ 3,800 $ 44 $ 5 For example, administrative expenses should be $3,800 per month plus $44 per course plus $5 per student. The company's sales should average $850 per student. The company planned to run four courses with a total of 65 students; however, it actually ran four courses with a total of only 57 students. The actual operating results for September were as follows: Revenue Instructor wages Classroom supplies Utilities Campus rent Insurance Actual $ 52,350 $ 11,200 $ 18,050 $ 1,880 $ 5,000 $ 2,240 Administrative expenses $ 3,727