Toast bagel according to package directions. Spread each half with 1 teaspoon mayonnaise; top each with 2 tablespoons shredded cheese, sprinkle with olives. Broil to melt cheese. Cut each bagel half into 6 "bagel bites."

*Variations: Substitute 1 of following combination for Cheddar cheese and black olives; proceed as above:

1/4 cup shredded Swiss cheese and 2 teaspoons sliced pimiento-stuffed olives Or 4 tablespoons shredded Monterey Jack cheese and 2 teaspoons chopped Jalapeno peppers Or Brie, sliced thin to fit bagel, remove rind and Canned, sliced mushrooms, drained