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: Instructor wages Classroom supplies Utilities Campus rent Insurance Administrative expenses Fixed Cost per Cost per Cost per Month Course $2,950 Student $310 $1,240 $ 75 $5,100 $2,100 $3,700 $ 40 $ 6 For example, administrative expenses should be $3,700 per month plus $40 per course plus $6 per student. The company's sales should average $850 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 were as follows: Revenue Actual $51,500 Instructor wages Classroom supplies Utilities Campus rent Insurance $ 11,080 $ 19,690 $ 1,950 $ 5,100 $ 2,240 Administrative expenses $ 3,670