Table: Firm Production Schedule with Costs Total Fixed Variable Total Marginal Average Average Average Fixed Variable Product Marginal Cost Cost Cost Cost Total Cost Fixed Cost Variable Cost Input Input (q) Product (FC) (VC) (TC) (MC) (AC) (AFC) (AVC) 91 2 92 93 5 95 The firm uses 3 units of capital (the Fixed Input), and the rent on capital is $200 per unit per day. The firm must hire between 1 to 5 units of labor (the Variable Input), and the cost of labor is $60 p worker per day. Depending on how much labor the firm hires, output (Total Product) is one of the following: 91 = 1 92= 3 93= 8 94= 12 95- 15 What is the Average Total Cost (AC) when 3 units of labor are used? (Do not include the dollar sign $ in your answer)