value: 15.00 points Exercise 9-18 Working with More Than One Cost Driver [LO9-4, LO9-5] The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers that 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: Fixed Cost Cost per Cost per per Month Course Student $2,950 Instructor wages Classroom supplies Utilities Campus rent Insurance Administrative expenses 3,600 $ 42 $ 5 $ 1,230 $ 75 $4,500 $2,200 For example, administrative expenses should be $3,600 per month plus $42 per course plus $5 per student. The company's sales should average $860 per student. The actual operating results for September appear below: Revenue Instructor wages Classroom supplies Utilities Campus rent Insurance Administrative expenses Actual $49,560 $ 11,080 $15,710 $1,940 $4,500 $2,340 3,499 Required 1. The Gourmand Cooking School expects to run four courses with a total of 61 students in September. Complete the company's planning budget for this level of activity