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 Classroom supplies Utilities Campus rent Insurance Administrative expenses Fixed Cost per cost per cont per Month Course Student $ 2,980 $290 $1,240 $ 20 $5,100 $2,100 $4,000 $ 45 $ 4 For example, administrative expenses should be $4,000 per month plus $45 per course plus $4 per student. The company's soles should average $900 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 appear bele Revenue Instructor wages classroom supplies Utilities Campus rent Trance Administrative expenses Actual $53,800 $11.200 $ 10, 120 $ 1,930 $ 5.100 2,240 Required: Prepare a flexible budget performance report that shows both revenue and spending variances and activity variances for September Next