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 reportsthe 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 companys cost formulas appear below: Fixed Cost per Month Cost per Course Cost per Student Instructor wages $ 2,910 Classroom supplies $ 260 Utilities $ 1,220 $ 55 Campus rent $ 4,900 Insurance $ 2,400 Administrative expenses $ 3,600 $ 45 $ 4 For example, administrative expenses should be $3,600 per month plus $45 per course plus $4 per student. The companys sales should average $860 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 60 students. The actual operating results for September appear below: Actual Revenue $ 52,140 Instructor wages $ 10,920 Classroom supplies $ 16,490 Utilities $ 1,850 Campus rent $ 4,900 Insurance $ 2,540 Administrative expenses $ 3,462