Oriole, Inc., produces amplifiers. Each unit sells for $900. Below is information on production/sales and costs for 2016:

PART B:

Larger drop down box options: Selling and Admin costs, Production Costs, Income (Loss), Sales

Smaller drop down box options: less, add

Problem 4-9 (Part Level Submission) Oriole, Inc., produces amplifiers. Each unit sells for $900. Below is information on production/sales and costs for 2016: Production and Sales in Units Production Selling and Admin. Costs Costs $88,200 96,600 83,200 89,100 96,000 103,300 104,800 107,900 112,680 103,300 102,200 91,200 $1,178,480 $826.42356 $23,600 25,100 22,600 23,800 25,100 26,200 26,900 27,000 27,960 26,200 26,400 24,300 January February March April May 106 117 98 106 115 June 126 July August September October November December 129 133 138 126 125 107 $305,160 Total 1,426 $213.99719 Average cost per unit (a) 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 costs. Fixed cost Variable cost Production costs 737 10974 Selling and administrative costs 9468 134 (b) The company estimates that production and sales in 2017 will be 1,650 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).) T