Roxys 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 1,460 sessions. The company has invested $2,178,000 in the studio and expects a return on investment of 15%. Budgeted costs for the coming year are as follows:

		Per Session		Total
	Direct materials (tapes, CDs, etc.)	$25
	Direct labour	420
	Variable overhead	50
	Fixed overhead			$1,357,800
	Variable selling and administrative expenses	30
	Fixed selling and administrative expenses			766,500 .
	Determine the total cost per session