Question: 2. Desired ROI per session? 3. Calculate the mark up percentage on the total cost per session 4. target price Roxy's Recording Studio rents studio
2. Desired ROI per session?
3. Calculate the mark up percentage on the total cost per session
4. target price
Roxy'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 1,100 sessions. The company has invested $2,064,480 in the studio and expects a return on investment of 25%. Budgeted costs for the coming year are as follows: (a) Your answer has been saved. See score details after the due date: Determine the total cost per session
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