The Gourmand Cooking School runs short cooking courses at its small campus. Management hes lifentifed two cost ditivers if 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 hove a total of 62 students enrolled in these two courses. Data conceming the compary's cost formulas appear below For example, administrative expenses should be $3,700 per month plus $43 per course plus $4 per student. The company's soles should average $880 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 were as follows: Required: Prepare a flexible budget performance report that shows both revenue and spending variances and activity variances for September. variance), input in amounts as positive varues.) 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 $3.700 per month plus $43 per course plus $4 per student. The compary's sales should average $880 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 were as follows: Required: Prepare a flexible budget performance report that shows both revenue and spending variances and activity variances for September. findicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero