Wildhorse'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 $1,400$ sessions. The

company has invested $$2,212,000$ in the studio and expects a return on investment of $20\%.$ Budgeted costs for the coming year are as

follows: $($c$)$

Calculate the markup percentage on the total cost per session.

Mark$-$up percentage per session

eTextbook and Media

Attempts: $0$ of $2$ used