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Joey'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 $2,000,000 in the studio and expects a return on investment (ROI) of 16.5%. what is the Budgeted costs for the coming year?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9967986

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