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:

Fixed Cost per Month Cost per Course Cost per Student

Instructor wages $ $2,910$

Classroom supplies $ $280$

Utilities $ $1,210$ $ $80$

Campus rent $ $5,000$

Insurance $ $2,200$

Administrative expenses $ $3,600$ $ $41$ $ $6$

For example, administrative expenses should be $$3,600$ per month plus $$41$ per course plus $$6$ per student. The company$$s sales should average $$850$ 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 $61$ students. The actual operating results for September appear below:

Actual

Revenue $ $50,650$

Instructor wages $ $10,920$

Classroom supplies $ $17,490$

Utilities $ $1,940$

Campus rent $ $5,000$

Insurance $ $2,340$

Administrative expenses $ $3,568$

Required:

$1.$ Prepare the company$$s planning budget for September.

$2.$ Prepare the company$$s flexible budget for September.

$3.$ Calculate the revenue and spending variances for September.