b) determine the desired ROI per session

Current Attempt in Progress Sandhill'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 1,400 sessions. The company has invested $2,073,750 in the studio and expects a return on investment of 20%. Budgeted costs for the coming year are as follows: Determine the total cost per session. Total cost per session eTextbook and Media (b) Determine the desired ROI per session. (Round answer to 2 decimal places, es. 15.25.)