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Coronado, Inc., produces amplifiers. Each unit sells for $1,000. Below is information on production/sales and costs for 2016: uction and Production Selling and Admin Sales

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Coronado, Inc., produces amplifiers. Each unit sells for $1,000. Below is information on production/sales and costs for 2016: uction and Production Selling and Admin Sales in Units Costs January February March April May June 106 118 98 106 115 124 128 133 137 127 123 108 1,423 $89,700 98,200 82,200 89,800 95,600 103,800 105,800 108,200 110,826 104,300 102,100 91,000 $1,181,526 $830.30639 $23,400 25,400 22,700 23,800 24,700 26,300 26,400 27,000 27,965 26,400 26,400 24,000 $304,465 August September October November December Total Average cost per unit 213.95994 [ ] Your answer is correct. Use the high-low method to identify the fixed and variable cost components for both production costs and selling and administrative Fixed cost Variable cost Production costs 10268 734 Selling and administrative costs 9470 135 The company estimates that production and sales in 2017 will be 1,640 units. Based on this estimate, forecast income before taxes for 2017. (Enter loss using either a negative sign preceding the number e.g. -45 or parentheses e-g. (45).)

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