Business, 01.07.2021 07:40 homeschool0123

Check my work 1
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 62 students enrolled in those two courses. Data concerning the company's cost formulas
appear below:
20
points
Cost per
Fixed Cost Cost per
per Month
Course
$ 2,910
Student
$ 290
eBook
Instructor wages
Classroom supplies
Utilities
Campus rent
Insurance
Administrative expenses
$
70
Print
$ 1,240
$ 4,600
$ 2,000
$ 3,700
References
$
43
$ 7
For example, administrative expenses should be $3,700 per month plus $43 per course plus $7 per student. The company's sales
should average $890 per student.
The company planned to run four courses with a total of 62 students; however, it actually ran four courses with a total of only 56
students. The actual operating results for September appear below:
Revenue
Instructor wages
Classroom supplies
Utilities
Actual
$ 52,280
$ 10,920
$ 17,830
$ 1,930
Mc
Graw
Hill
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Check my work 1
The Gourmand Cooking School runs short cooking courses at its small campus. M...