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 61 students enrolled in those two courses, Dots concerning the company's cost formules a appear below: 10 points Fixed Cost per cost per cont per Month Course Student $2.910 5290 $1,230 es $4.500 $2,300 Instructor wages classroon supplies Utilities Campus rent Insurance Administrative expenses BO PY Herce For example, administrative expenses should be $3,600 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 59 students. The actual operating results for September were as follows: Bevense Instructor ago Claron supplies Dit Campus rent nerace Assistrative expenses Actual 550,170 10.926 12.540 $1,900 52.440 # >,560 Required: Prepare a flexible budget performance report that shows both revenue and spending variances and activity variances for September indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect. Dero variance). Input all amounts as positive values) Required Prepare a flexible budget performance report that shows both revenue and spending variances and activity variances for September. (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.) Gourmand Cooking School Flexible Budget Performance Report For the Month Ended September 30 Actual Results Flexible Budget Planning Budget 4 Courses Students 59 $ 50,170 Revenue Expenses: Instructor wages Classroom supplies Utilities Campus rent Insurance Administrative expenses Total expense Net operating income 10.920 17,540 1.980 4,500 2.440 3,560 40,940 9.230 $