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Question 2 of 3 View Policies Current Attempt in Progress Coronado's Recording Studio rents studio time to musicians in 2 - hour blocks. Each session

Question 2 of 3
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Coronado'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 professior producer/mixer. Anticipated annual volume is 1,020 sessions. The company has invested $2,299,080 in the studio and expects a return on investment (ROI) of 20%. Budgeted costs for th as follows.
\table[[,\table[[Per],[Session]],Total],[Direct materials (CDs, etc.),$20,],[Direct labor,$395,],[Variable overhead,$45,],[Fixed overhead,,$974,100
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