Instructions Work on the following exercise. This is optional. Modern Technologies is a for-profit vocational school. The school bases its budgets on two measures of activity (i.e., cost drivers), namely student and course. The school uses the following data in its budgeting: Element per month Element / student Element/course Revenue O 34 0 Faculty wages 0 2,100 Course supplies 0 71 36 Admin expenses 36,000 11 39 In November, the school budgeted for 1,470 students and 126 courses. The actual activity for the month was 1,770 students and 122 courses. Required: Prepare the school's planning budget for November