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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

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

154,500 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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