Alma's Recording Studio rents studio time to musicians in 2-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, 270 sessions. The company has invested $2, 347,000 in the studio and expects a return on investment (ROI) of 21%. Budgeted costs for the coming year are as follows. (a) Determine the total cost per session. (Round answer to 2 decimal places, e.g. 10.50.) Total cost^per session Determine the desired ROI per session. (Round answer to 2 decimal places, e.g. 10.50.) ROI per session Calculate the markup percentage on the total cost per session. (Round answer to 2 decimal places, e.g. 10.50.) Markup percentage % per session (d) Calculate the target price per session. (Round answer to 2 decimal places, e.g. 10.50.) Target price $ per session