235 Learning Module #18 Managerial Part 3 ne following data relate to the planned operations of Bobkat Company before considering the changes described later. Chair Table Sofa Selling Price 400 600 Variable Costs 160 360 Annual volume 8,000 3,000 4,000 120 Fixed costs are $1,320,000 (if you dropped or changed your products these would not change). 1) What is the total profit expected to be? 2) What will happen to profit if Bobkat drops Sofa