Pharoah's Recording Studio rents studio time to musicians in two hour blocks. Each session Indudes the use of the studio facilities, a digital recording of the performance, and a professional music producer/mixer. Anticipated annual volume is 1.500 sessions. The company has invested $2,055,300 in the studio and expects a return on investment of 25% Budgeted costs for the coming year are as follows: Per Session Total $25 430 55 Direct materials (tapes, CDs, etc.) Direct labour Variable overhead Fixed overhead Variable selling and administrative expenses Fored selling and administrative expenses $1,440,000 40 757.500 (a) Your answer is correct Determine the total cost per session, Total cost per session 2015 Attempts: 1 of 2 used - (B) Determine the desired ROI per session (Round answer to 2 decimal places. 15.250 Desired ROI per session Se for a Attempts: 0 of 2 used Suami Ante