Carnes 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 school uses the following data in its budgeting: 
In February,the school budgeted for 1,570 students and 143 courses.The actual activity for the month was 1,370 students and 145 courses.
Required:
Prepare a report showing the school's activity variances for February.Label each variance as favorable (F)or unfavorable (U).
Definitions:
Liability of Foreignness
The additional costs and risks that firms operating in a foreign country incur, compared to domestic firms.
Administrative Differences
Discrepancies in management practices, regulations, or procedures within or between organizations.
Ethnocentrism Bias
A bias indicating that customers prefer local brands over foreign brands and are willing to pay more for local brands even when the quality is inferior.
Liability of Foreignness
Disadvantages faced by companies operating in a foreign market, including cultural differences, and legal and economic barriers.
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