Refer to Scenario 9

question 297

Multiple Choice

Refer to Scenario 9.1 below to answer the question(s) that follow.
SCENARIO 9.1: Amy borrowed $20,000 from her parents to open a bagel shop. She pays her parents a 5% yearly return on the money they lent her. Her other yearly fixed costs equal $9,000. Her variable costs equal $30,000. In her first year, Amy sold 40,000 dozen at a price of $1.50 per dozen.
-Refer to Scenario 9.1. Amy's total fixed costs equal

• A) $1,000.
• B) $9,000.
• C) $10,000.
• D) $21,000.

---

Definitions:

Trainees

Individuals who are undergoing training in order to improve their skills for a specific job or activity.

Aptitude

An individual's natural ability or potential to learn and acquire skills or knowledge in a specific area or domain.

Case Study

A research method involving an up-close, in-depth and detailed examination of a subject of study (the case), as well as its related contextual conditions.

Analyze

Analyze involves examining or dissecting something in detail to understand its components, relationships, or underlying principles, often for the purpose of identifying patterns or drawing conclusions.