Alma s Rec
Alma s
s Rec

45 Alma's Rec

Category: General
Words: 825
Amount: $25
Writer: 1

Paper instructions

Alma's Recording Studio rents 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 $2,352,000 in the studio and expects a return on investment (ROI) of 20%. Budgeted costs for the coming year are as follows. Per Session Total Direct Material (CD,etc) $20 Direct Labor $400 Variable overhead $50 Fixed overhead $950,000 Variable selling and administrative expenses $40 Fixed selling and administrative expenses $500,000 Instrutions (a) Determine the total cost per session (b) Determine the desired ROI per session (c) Calculate the markup percentage on the total cost per session. (d) Calculate the target price per session


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Alma's Rec
Alma's Rec
9 ASSESSMENT 1 Course Name BSB61315 Advanced Diploma of Marketing and Communication Subject/module Marketing Objectives 2 Assessment method Written...
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