Please determine the desired ROI per session in section B.

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 1,260 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. Per Total Session Direct materials (CDs, etc.) Direct labor Variable overhead Fixed overhead Variable selling and administrative expenses Fixed selling and administrative expenses @Your answer is correct. Determine the total cost per session. s 20 $400 s so s 45 $636,300 Total cost 1,970 per session Determine the desired ROI per session. (Round answer to 2 decimal places, e.g. 10.50.) ROI per session