Exercise $9-6($Algo$)$ Working with More Than One Cost Driver $[$LO$9-2,$ LO$9-3,$ LO$9-5,$ LO$9-6]$

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 $61$ students enrolled in those two courses. Data concerning the company's cost formulas

appear below:

For example, administrative expenses should be $$3,900$ per month plus $$42$ per course plus $$7$ per student. The company's sales

should average $$880$ per student.

The company planned to run four courses with a total of $61$ students; however, It actually ran four courses with a total of only $53$

students. The actual operating results for September were as follows:

Required:

Prepare a flexible budget performance report that shows both revenue and spending varlances and actlvity varlances for September.

$($Indlcate the effect of each varlance by selecting $"$F$"$ for favorable, $"$U$"$ for unfavorable, and "None" for no effect $($I$.$e$.,$ zero

varlance$).$ Input all amounts as positlve values.$)$