Refer to Scenario 9.4 below to answer the question(s) that ...

[karlynnae]

Refer to Scenario 9.4 below to answer the question(s) that follow. 


SCENARIO 9.4: Sponsors invest $100,000 in a new deli on the promise that they will earn a return of 10% per year on their investment. The deli sells 52,000 sandwiches per year. The deli's fixed costs include the return to investors and $42,000 in other fixed costs. Variable costs consist of wages ($1,000 per week) plus materials, electricity, etc. ($2,000 per week). The deli is open 52 weeks per year.





Refer to Scenario 9.4. The annual fixed costs of the deli are ________.

◦ $10,000
◦ $42,000
◦ $52,000
◦ $156,000

[morrie123456]

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Only 49% of students answer this correctly

[karlynnae]

Excellent

[morrie123456]

Great! Please up vote

[serike]

Refer to Scenario 9.4 below to answer the question(s) that follow. 


SCENARIO 9.4: Sponsors invest $100,000 in a new deli on the promise that they will earn a return of 10% per year on their investment. The deli sells 52,000 sandwiches per year. The deli's fixed costs include the return to investors and $42,000 in other fixed costs. Variable costs consist of wages ($1,000 per week) plus materials, electricity, etc. ($2,000 per week). The deli is open 52 weeks per year.





Refer to Scenario 9.4. The annual total costs of the deli are ________.

◦ $42,000
◦ $52,000
◦ $156,000
◦ $208,000

[owenfalvey]

$208,000

[CORALGRILL2014]

Refer to Scenario 9.4 below to answer the question(s) that follow. 


SCENARIO 9.4: Sponsors invest $100,000 in a new deli on the promise that they will earn a return of 10% per year on their investment. The deli sells 52,000 sandwiches per year. The deli's fixed costs include the return to investors and $42,000 in other fixed costs. Variable costs consist of wages ($1,000 per week) plus materials, electricity, etc. ($2,000 per week). The deli is open 52 weeks per year.





Refer to Scenario 9.4. What must the average price per sandwich be for the deli to earn a normal return?

◦ $1
◦ $3
◦ $4
◦ $5.92

[bigcheese9]

$4

[CORALGRILL2014]

TY

[bigcheese9]

You're welcome