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 64 students enrolled in those two courses. Data concerning the company's cost formulas appear below: Fixed Cost Cost per per Month Course Cost per Student Instructor wages Classroom supplies Utilities Campus rent Insurance $ 2,900 $ 300 $1,230 $ 90 $5,000 Administrative expenses $ 2,100 $3,600 $ 46 $ 5 For example, administrative expenses should be $3,600 per month plus $46 per course plus $5 per student. The company's sales should average $890 per student. The company planned to run four courses with a total of 64 students; however, it actually ran four courses with a total of only 56 students. The actual operating results for September appear below: Actual Revenue $ 54,060 Instructor wages $ 10,880 Classroom supplies $ 19,050 Utilities $ 2,000 Campus rent Insurance Administrative expenses $ 5,000 $ 2,240 $ 3,530