please solve the question attached below

6:47 PM Mon Oct 19 Class Activity Ch8 v Class Activity Ch8 Question 3 Joey'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 $2,000,000 in the studio and expects a return on investment (ROI) of 16.5%. Budgeted costs for the coming year are as follows. Per Session Total Direct materials (tapes, CDs, etc) '4 .0 $60 Direct labor \\1 .C. $400 Variable overhead \\1 L $50 Fixed overhead 9 C- $850,000 Variable selling and administrative expenses \\l L. $40 Fixed selling and administrative expenses Lg. $800,000 Instructions (a) Determine the total cost per session. (b) Determine the desired ROI per session. (c) Calculate the mark-up percentage on the total cost per session. (d) Calculate the target price per session