The Toque Cooking Academy 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 four courses in a month and have a total of 62 students enrolled in those four courses. Data concerning the company's cost formulas appear below Fixed Cost Cost per Cost per Month Course Student $ 2,910 Instructor wages Classroom supplies Utilities Campus rent Insurance Administrative expenses $3,500 S 45 S 3 300 $1,230 $ 55 $5,000 $2,200 For example, administrative expenses should be $3,500 per month plus $45 per course plus $3 per student. The company's sales should average $880 per student The actual operating results for October appear below Revenue Instructor wages Classroom supplies Ublities Campus rent Insurance Administrative expenses Actual $51,660 $ 10,920 $18,450 1,880 5,000 2.340 3,292 Required 1. The Toque Cooking Academy expects to run four courses with a total of 62 students in October. Prepare the company's planning budget for this level of activity. (Input all amounts as positive values.) Toque Cooking Academy Planning Budget For the Month Ended October 31 Revenue Instructor wages Classroom supplies Ubilities Campus rent I'm Cortana. Ask me anything