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 63 students enrolled in those two courses. Data concerning the company's cost formulas appear below: Instructor wages classroon supplies Utilities Campus rent Insurance Administrative expenses Fixed Cost per cost per cont per Month Course Student $ 2,960 $270 $1,240 $ 65 $4,700 $2,300 $3,800 $ 40 $ 6 For example, administrative expenses should be $3,800 per month plus $40 per course plus $6 per student. The company's sales should average $870 per student. The company planned to run four courses with a total of 63 students, however, it actually ran four courses with a total of only 55 students. The actual operating results for September were as follows: Revenue Instructor vages classroom supplies Utilities Campus rent Insurance Administrative expenses Actual 651,920 $11,120 $ 16,860 $1,910 $4,700 $ 2,440 $ 3.764