The Gourmand Cooking School runs short cooking courses at its small compus, Maragement has idertfed two cost aners it usess in its budgeting and performance reports-the number of courses and the total number of students. For exangle, the school might nun two courses in a month and have a total of 64 students enrolled in those two courses. Data concerning the company/s cost formulas appear below: For example, administrative expenses should be $3,900 per month plus $44 per course plus $4 per student. The company/s saies should average $880 per student. The company planned to run four courses with a total of 64 students; however, it actuaby ran four courses with a total of only 58 students. The actual operating results for September appear below: Required? Prepare a fexible budget performance report that shows both revenue and spending variances and activity variances far Saptientaer (indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for ne effect fia - tard variance), Input all amounts as posithe values.) The Gourmand Cooking School runs short cooking courses at its small compus, Maragement has idertfed two cost aners it usess in its budgeting and performance reports-the number of courses and the total number of students. For exangle, the school might nun two courses in a month and have a total of 64 students enrolled in those two courses. Data concerning the company/s cost formulas appear below: For example, administrative expenses should be $3,900 per month plus $44 per course plus $4 per student. The company/s saies should average $880 per student. The company planned to run four courses with a total of 64 students; however, it actuaby ran four courses with a total of only 58 students. The actual operating results for September appear below: Required? Prepare a fexible budget performance report that shows both revenue and spending variances and activity variances far Saptientaer (indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for ne effect fia - tard variance), Input all amounts as posithe values.)