I think I figured the problem out:
https://gyazo.com/a73e32e6c592785c9371f1dab407ef2d
Bump, no you cannot, especially if you wanna test it with different sound effects and reverb.
Plugging in any sort of headphones causes this issue extensively.
I connected my headphones before I opened studio today. I wasn’t able to hear anything, but I disconnected it and I reconnected it all while studio was open. Audio seems to be working fine now. Hopefully this’ll help someone