c) Calculate the mark-up percentage on the total cost per session.= ???

d) Calculate the target price per session

Oriole'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 1,100 sessions. The company has invested $2,085,600 in the studio and expects a return on investment of 25%. Budgeted costs for the coming year are as follows: (a) Your answer is correct. Determine the total cost per session. Determine the desired ROI per session. (Round answer to 2 decimal places, e.g. 15.25.)