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i need the answer for part C Oriole's Recording Studio rents studio time to musicians in two-hour blocks. Each session includes the use of the
i need the answer for part C
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 $2,064,480 in the studio and expects a return on investment of 25%. Budgeted costs for the coming year are as follows: Determine the total cost per session: eTextbook and Media (b) Your answer is correct. Determine the desired ROI per session. (Round answer to 2 decimal places, es. 15.25.) Calculate the markup percentage on the total cost per session Step by Step Solution
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