Question: - what is the total cost per session? - what is the desired ROI per session? - calculate the mark-up percentage on the total cost

- what is the total cost per session?

- what is the desired ROI per session?

- calculate the mark-up percentage on the total cost per session.

- calculate the target price per session.

Blossom'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 1,500 sessions. The company has invested $2,227,500 in the studio and expects a return on investment of 20%. Budgeted costs for the comkg year are as follows

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