Exercise 22-6 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 1,290 sessions. The company has invested $2,335,000 in the studio and expects a return on investment (ROI) of 19%. Budgeted costs for the coming year are as follows Total Direct materials (CDs, etc.) Direct labor Variable overhead Fixed overhead Variable selling and administrative expenses Fixed selling and administrative expenses Per Session $ 20.11 $397.00 $ 55.00 $1,229,370 $39.00 $650,160 Determine the total cost per session. (Round answer to 2 decimal places, 9. 10.50.) Total cost per session LINK TO TEXT Determine the desired ROI per session. (Round answer to 2 decimal places, 9. 10.50.) ROI per session the desired Rol per session. (Round answer to 2 decimal places.g. 10.50) ROI per session LINK TO TEXT Calculate the markup percentage on the total cost per session, (Round answer to 2 decimal places,.. 10.50.) Markup percentage per session LINK TO TEXT Calculate the target price per session. (Round answer to 2 decimal places, eg. 10.50.) Target price per session LINK TO TEXT