Exercise 9-6 (Algo) Working with More Than One Cost Driver [LO9-2, LO9-3, LO9-5, LO9-6] 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 65 students enrolled in those two courses. Data concerning the company's cost formulas appear below. Instructor wages Classroom supplies Utilities Campus rent Fixed Cost per Cost per Month Cost per Course $2,920 Student $300 $ 1,200 $ 4,700 $ 80 Insurance Administrative expenses $ 2,100 $3,800 $45 $6 For example, administrative expenses should be $3,800 per month plus $45 per course plus $6 per student. The company's sales should average $890 per student