Monty's Recording Studio rents studio time to musicians in 2-hour blocks. Each session includes the...
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Monty'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 professionat music producer/mixer. Anticipated annual volume 151,000 sessions. The company has invested $2,364,000 in the studio and expects a return on investment (ROI) of 20%. Budgeted costs for the coming year are as follows. Determine the desired ROI per session. (Round answer to 2 decimal places, es. 10.50) ROI $ per session eTextbook and Media Attempts: 0 of 3 used (c) The parts of this question must be completed in order. This part will be avaitable when you complete the part above. (d) The parts of this question must be completed in order. This part will be available when you complete the part above
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