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Can you please show the work? Thank you. Crane's Recording...

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Accounting

Can you please show the work? Thank you. image
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Crane'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 $1,640,000 in the studio and expects a return on investment (ROI) of 15%. Budgeted costs for the coming year are as: follows. Determine the total unit cost per session. Total unit cost per session: Calculate the mark-up percentage on the total unit cost per session. (Round answer to 2 decimal places, e.8. 20.57\%.) Mark-up percentage on the total unit cost per session 8

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