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Compute how much profit will troy have if a price charged

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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                       $3,000,000                1,000,000

142,000                $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

Question 1: How much profit will Troy have if a price of $45 is charged? Round to two decimal places.

Reference no: EM132594892

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