Explore BrainMass
Share

Profit of Tory Company

This content was STOLEN from BrainMass.com - View the original, and get the solution, here!

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
159,000 $45 $3,550,000 $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?

© BrainMass Inc. brainmass.com September 23, 2018, 8:20 am ad1c9bdddf - https://brainmass.com/economics/finance/profit-tory-company-577661

Solution Summary

This solution computes profit of the Tory Company if a price of $45 is charged with all workings shown step-by-step in an excel file.

$2.19