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How much profit will troy have

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Question - Tory Company sells a single product. Troy estimates demand and costs at various activity levels as follows:

Units Sold

Price

Total Variable Cost

Fixed Costs

120,000

$48

$3,000,000

$1,000,000

155,500

$45

$3,530,000

$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

$1,000,000

Required - How much profit will Troy have if a price of $45 is charged?

Reference no: EM133028169

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