Why was question 1 of December 2009 flexed the costs only and not the revenue?
Only costs in this case were flexed because costs are invariably controllable. Revenues were not flexed as they are less controllable than costs this being a college. i.e. college revenues are mainly affected by factors beyond management control e.g. course fees are discounted in order to stimulate students demand and also the need to make assumptions re sales mix mean that revenue prediction becomes far more.
