Reference no: EM132593339
Tory Company sells a single product. Troy estimates demand and costs at various activity levels as follows:
Units Sold Price Total Variable Costs Fixed Costs
120,000 $ 48 $300,000 1,000,000
149,500 $45 $3,530,00 1,000,000
160,000 $40 $4,000,000 1,000,000
180,000 $35 $4,500.000 1,000,000
200,000 $30 $5,000,000 1000,000
Question 1: How much profit will Troy have if a price of $45 is charged?