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Ayayai's Recording Studio rents studio time to musicians in 2 -hour blocks. Each session includes...

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Accounting

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Ayayai's Recording Studio rents studio time to musicians in 2 -hour blocks. Each session includes the use of the studio facilities, a digital recoiding of the performance, and a professional music producer/mixer. Anticipated annual volume is 1.000 sessions. The company has invested $2,316,000 in the studio and expects a return on investment (ROI) of 20\%. Budgeted costs for the coming yes are as follows. - Your answer is incorrect. Calculate the markup percentage on the total cost per session. Markup percentage % per session

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