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 60 students enrolled in those two courses. Data concerning the companys cost formulas appear below: 18:02 Fixed Cost per Month Cost per Course Cost per Student Instructor wages $ 2,930 Classroom supplies $260 Utilities $ 1,220 55 Campus rent $ 5,100 Insurance Administrative expenses 2,200 3,500 $ 42 $ 6 For example, administrative expenses should be $3,500 per month plus

Flexible Budget Performance Report
	For the Month Ended September 30
	Actual Results			Flexible Budget			Planning Budget
Courses	4
Students	54
Revenue	49.300
Expenses.
Instructor wages	11,000
Classroom supplies	15.450
Utilities	1.850
Campus rent	5 100
Insurance	2.340
Administrative expenses	3.454
Total expense	39.194
Net operating income	S 10,106