The Cooking Short Cooking courses at its Small Campus. Management has Zentifred COSt drivers it uses in its budgeting and performarce reportsthe number of courses and the total number ot students For examole. the school might run two courses in a month and have a total of 61 students enrolled n those courses, Data conceming the compan/s cost formulas appear below: s 2,930 example. administrative expenses Should be 9.700 per month plus S42 per Student The company's sales should average S870 per student. The company p'anned to run four courses witn a total 01 61 students: hmsever. it actually ran four courses with a total of only 53 students, The actual operating results for September were as follows; s 50,170 utilities s 3,538 Prepare a flenble budget perfomance repart that both revenue and spending variances and activity variances fCT September. (Indicate the effect Of variance by selecting "F" for favorable for unfavorable and *None" for no (i.e.. Input emounu as positive values.) nning Students Expenses wages Utilises Campus rent Admin Total e rpense Net operathg income Fkxible Budget Report F o' Month Ended Fkxible 50.170 11 17,540 1.940 41,268 8,912