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solve for a please Waterway's Recording Studio rents studio time to musicians in 2-hour blocks. Each session includes the use of the studio facilities, a
solve for a please
Waterway'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, ahd a professional music producer/mixer. Anticipated annual volume is 1,270 sessions. The company has invested $2,400,935 in the studio and expects a return on investment (ROI) of 20\%. Budgeted costs for the coming year are as follows. Determine the total cost per session Step by Step Solution
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