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please answer b Show Attempt History Current Attempt in Progress Ivanhoe's Recording Studio rents studio time to musicians in two-hour blocks. Each session includes the
please answer b
Show Attempt History Current Attempt in Progress Ivanhoe'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 $2,216,500 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. Total cost per session $ eTextbook and Media Attempts: 1 of 2 used (b) Determine the desired ROI per session. (Round answer to 2 decimal places, eg 15.25.) Desired ROI per session $ eTextbook and MediaStep by Step Solution
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