Can you answer this question ASAP please with details? thanks Hasselman Tech is

Question

Can you answer this question ASAP please with details? thanks

Hasselman Tech 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 s uses the following data in its budgeting: Fixed element Variable element Variable element r student per month per course Revenue $0 $0 $191 $0 25 $10 $0 $2,000 $26 $27 Faculty wages 1 Course supplies Administrative expenses $21,300 In March, the school budgeted for 1,490 students and 85 courses. The actual activity for the month was 1,590 students and 85 courses Required statement) for the actual level of Prepare the school's flexible budget (income activity in March

Explanation / Answer

Flexible budget :

Revenue (191*1590) 303690 Expense Faculty wages (2000*85) 170000 Course supplies (25*1590+26*85) 41960 Administrative expense (21300+10*1590+27*85) 39495 Total expense 251455 Net operating income 52235

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