Business and finance: How much profit will Troy have if a price of $45 is charged?

Nov 18th, 2015
Anonymous
Category:
Business Finance
Price: $5 USD

Question description

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

Units SoldPriceTotal Variable CostsFixed Costs
120,000$48$3,000,000$1,000,000
148,000$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?


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