Sunland's Recording Studio rents studio time to musicians in two-hour blocks. Each session includes the use of the studio facilities, a digital recording of the performance, and a professional music producer/mixer. Anticipated annual volume is 1,200 sessions. The company has invested $2,163,840 in the studio and expects a return on investment of 25%. Budgeted costs for the coming year are as follows: Per Session Total Direct materials (tapes, CDs,etc.) $20 Direct labour 395 Variable overhead 45 Fixed overhead $1,164,000 Variable selling and administrative expenses 40 Fixed selling and administrative expenses 588,000 (a) Determine the total cost per session, Total cost per session