Question

Question 1 (1 point)

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
152,000	$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?

Round to two decimal places.

Your Answer:

Question 1 options:

Answer

Question 2 (1 point)

The Falling Snow Company is considering production of a lighted world globe that the company would price at a markup of 0.30 above full cost. Management estimates that the variable cost of the globe will be $64 per unit and fixed costs per year will be $240,000.

Assuming sales of 1,200 units, what is the full selling price of a globe with a 0.30 markup?

Round to two decimal places.

Your Answer:

Question 2 options:

Answer

Answer 1

152000*45 Sales Value Variable Costs Fixed Costs Profit $ 68,40,000.00 $ 35,50,000.00 $ 10,00,000.00 $ 22,90,000.00 6840000-3550000-1000000 =