View Policies Current Attempt in Progress 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 1,000 sessions. The company has invested $2,352,000 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. Determine the desired ROI per session. (Round answer to 2 decimal places, eg. 10.50) per'session Calculate the markup percentage on the total cost per session. Markup percentage \% persessic Calculate the target price per session, (Round answer to 2 decimal places, eg. 10.50.) Target price persession