Question $2$ of $3$

View Policies

Current Attempt in Progress

Coronado'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 professior producer$/$mixer$.$ Anticipated annual volume is $1,020$ sessions. The company has invested $$2,299,080$ in the studio and expects a return on investment $($ROI$)$ of $20\%.$ Budgeted costs for th as follows.

$\backslash$table$[[,\backslash$table$[[$Per$],[$Session$]],$Total$],[$Direct materials $($CDs$,$ etc.$),$$$20,],[$Direct labor,$$395,],[$Variable overhead,$$45,],[$Fixed overhead,,$$974,100$

$($a$)$

Determine the total cost per session.

Total cost $ per session

eTextbook and Media

Save for Later

Attempts: $0$ of $5$ used

$($b$)$

The parts of this question must be completed in order. This part will be available when you complete the part above.