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 62 students enrolled in those two courses. Data concerning the company's cost formulas appear below: For example, administrative expenses should be $3,600 per month plus $44 per course plus $6 per student. The company's sales should average 5890 per student The company planned to run four courses with a total of 62 students, however, it actually ran four courses with a total of only 58 students The actual operating results for September appear below Required: Prepare a flexible budget perfomance report that shows both revenue ind spending variances and activity variances for September (indicete the effect of eoch veriance by selecting "F* for favoroble, "U" for unfovorable, and "None" for no effect (i.e., zero verience). Input all emounts os 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 (ile., zero variance). Input oll omounts os positive values.) 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 62 students enrolled in those two courses. Data concerning the company's cost formulas appear below: For example, administrative expenses should be $3,600 per month plus $44 per course plus $6 per student. The company's sales should average 5890 per student The company planned to run four courses with a total of 62 students, however, it actually ran four courses with a total of only 58 students The actual operating results for September appear below Required: Prepare a flexible budget perfomance report that shows both revenue ind spending variances and activity variances for September (indicete the effect of eoch veriance by selecting "F* for favoroble, "U" for unfovorable, and "None" for no effect (i.e., zero verience). Input all emounts os 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 (ile., zero variance). Input oll omounts os positive values.)
