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Cheyenne'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

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Cheyenne'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 1,260 sessions. The company has invested $2,358,090 in the studio and expects a return on investment (ROI) of 20\%. Budgeted costs for the coming year are as follows. Determine the total cost per session. Determine the desired ROI per session, (Round answer to 2 decimat places, es 10.50) ROI $ per session eTextbook and Media (c) Calculate the markup percentage on the total cost per session

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