Do not give answer in image Tory Company sells a single product. Troy estimates demand and costs at variousactivity levels as follows:Total VariableFixedCostsCosts$3,000,000$1,000,000$3,530,000$1,000,000$4,000,000$1,000,000$4,500,000$1,000,000$5,000,000$1,000,000How much profit will Troy have if a price of $45 is charged?Round to two decimal places.Units SoldPrice120,000 $48143,000 $45160,000 $40180,000 $35200,000 $30Your Answer:Answer

Profit is the remaining revenue left after accounting for all expenses. It means the financial…

Units Sold Price Costs 120,000 $48 $1,000,000 143,000 $45 $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? Costs $3,000,000 $3,530,000

Units Sold Price Costs 120,000 $48 $1,000,000 143,000 $45 $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? Costs $3,000,000 $3,530,000

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 7EB: Delta Co. sells a product for $150 per unit. The variable cost per unit is $90 and fixed costs are...

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