Question: answer c) calculate the mark up percebtage on the total cost per session Your answer is correct. Determine the total cost per session. Sheridan's Recording
answer c) calculate the mark up percebtage on the total cost per session



Your answer is correct. Determine the total cost per session. Sheridan'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 1,300 sessions. The company has invested $2,043,600 in the studio and expects a return on investment of 20%. Budgeted costs for the coming year are as follows: (b) Your answer is correct. Determine the desired ROI per session. (Round answer to 2 decimal places, eg. 15.25.) Calculate the markup percentage on the total cost per session
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
