The cost of lifetime membership in the movie club is $96.
Explanation:
Given, 
Cost per movie = $12 
Let, 
m be the number of movies
f be the membership fee.
Total amount = 12m+f Eqn 1
Now it is given that cost per movie including fee is $16.
And there are 24 movies bought.
Therefore; 
Cost of 24 movies including fee = 16*24 = $384
Now, 
Putting this amount and number of movies m in Eqn 1

The cost of lifetime membership in the movie club is $96.