Sunland'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 1,200 sessions. The company has invested $2.163.840 in the studio and expects a return on investment of 25% Budgeted costs for the coming year are as follows: (a) Per Session Total Direct materials (tapes, CDs, etc.) $20 Direct labour 395 Variable overhead 45 Fixed overhead i $1.164,000 Variable selling and administrative expenses 40 Fixed selling and administrative expenses 588,000 Your answer is correct Determine the total cost per session. Total cost per session s eTextbook and Media 1960 (b) Determine the desired ROI per session. (Round answer to 2 decimal places, es 1525) Desired ROI per sessions eTextbook and Media Save for Later Attempts: 1 of 2 used Attempts: 0 of 2 used Submit Answer