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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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