Avon Technical Institute has used the following budgeted amounts for its controllable costs during 2017:

Cost items	Fixed amount				Variable cost per student enrolled
Administration salaries Electricity Maintenance Supplies Copying Government charges		$120000 42200 40000 36600 12000 52000				$  2.40 0.72 0.80 3.20 20.00 —

The actual enrolment for the institute for the year was 1500 students. The actual costs incurred for the year were as follows:

Administration salaries Electricity Maintenance Supplies Copying Government charges

$125800 41380 41400 43200 45200 48000

Required

Prepare a budget performance report for 2017 by preparing a budget for each cost item based on its fixed cost plus the variable cost per student multiplied by the actual number of students enrolled. Compare this budget for 1500 students with the actual costs incurred.