Tory Company sells various single product
Tory Company sells various single product. Troy estimates demand and costs at various activity levels as follows:
Units Sold. PriceTotal Variable Costs. Fixed Costs
120,000 $48. $3,000,00 $1,000,000
141,000. $45. $3,540,000 $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
How much profit will Troy have if a price of $45 is charged?