The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers it uses for budgeting purposes$$the number of courses and the total number of students. For example, the school might run two courses in a month and have a total of $61$ students enrolled in those two courses. Data concerning the company$$s cost formulas appear below:

Fixed Cost per Month Cost per Course Cost per Student

Instructor wages $ $2,970$

Classroom supplies $ $300$

Utilities $ $1,230$ $ $65$

Campus rent $ $4,700$

Insurance $ $2,100$

Administrative expenses $ $3,700$ $ $42$ $ $6$

For example, administrative expenses should be $$3,700$ per month plus $$42$ 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 $61$ students; however, it actually ran four courses with a total of only $55$ students. The actual operating results for September were as follows:

Actual

Revenue $ $50,170$

Instructor wages $ $11,160$

Classroom supplies $ $18,150$

Utilities $ $1,900$

Campus rent $ $4,700$

Insurance $ $2,240$

Administrative expenses $ $3,660$

Required:

Prepare a flexible budget performance report for September.

Note: Indicate the effect of each variance by selecting $"$F$"$ for favorable, $"$U$"$ for unfavorable, and "None" for no effect $($i$.$e$.,$ zero variance$).$ Input all amounts as positive values.