Refer to Scenario 9

question 23

Multiple Choice

Refer to Scenario 9.7 below to answer the question(s) that follow.
SCENARIO 9.7: Julio borrowed $80,000 from his great aunt to open a coffee stand at a local flea market. He agrees to pay his great aunt a 5% yearly return on the money she lent him. His other yearly fixed costs equal $16,000. His variable costs equal $60,000. He sold 50,000 cups of coffee during the year at a price of $3.00 per cup.
-Refer to Scenario 9.7. Julio's total costs equal

• A) $20,000.
• B) $40,000.
• C) $60,000.
• D) $80,000.

---

Definitions:

Timing Group

A feature in presentation or animation software that allows users to sequence or synchronize the timing of various elements.

Create Handouts

The process of producing physical or digital copies of presentation slides for distribution to attendees.

Microsoft Word

A word processing software developed by Microsoft, widely used for creating and editing text documents, including letters, reports, and flyers.

Export

The process of saving data in a different format or location, usually for the purpose of sharing, backing up, or opening it in another application.