Merida has decided to start providing archery lessons to residents in her area. She is able to rent enough archery equipment for her classes at a cost of $740 per month. She plans to hire some help and that labor cost is expected to be $80 per training session. Supplies are expected to cost $7 per session. Required a. Determine the total expected cost of equipment rental and the average expected cost of equipment rental per training session, assuming that her business offers 30, 40, or 50 training sessions during one month. Is the cost of equipment a fixed or a variable cost? Complete this question by entering your answers in the tabs below. Required A Determine the total expected cost of equipment rental and the average expected cost of equipment rental per training session, assuming that her business offers 30, 40, or 50 sessions during one month. Is the cost of equipment a fixed or a variable cost? (Round "Average per unit" answers to 2 decimal places.) No. of Training Sessions Offered Total expected rental cost Average per unit rental cost The cost of equipment is a 30 40 50 Required A