The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers that 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 50 students enrolled in those two courses. Data conoerning the company's cost formulas appear beloww Fxed Cost Cost per Cost per per Month Course Student Instructor wages 5260 Utilites Campus rent Insuranoe Administrative expenses S3,270 S 15 S 4 S 870 S 130 S 4,200 S 1,890 For example, administrative expenses should be 53,270 per month plus $15 per course plus 54 per student. The company's sales should average 5800 per student. The actual operating results for September appear below: Revenue Instructor wages Classroom s Utilities Campus rent Insurance 5 32,400 5 9,080 S 8,540 S 1,530 S 4,200 S 1,890 S 3,790 Required 1. The Goumand Cooking School expects to run three courses with a total of 45 students in September Complete the company's planning budgetfor this level of activity. Planning Budget For the Month Ended September 30 Revenue Instructor wages Classroom supplies Campus rent Total expense Net operating income