Cora Corporation produces refrigerator units. The company's normal production and sales volume of Standard units is 3,250 units per month, and units sell for $880 each. The costs of manufacturing and marketing a Standard model are as follows Variable manufacturing cost per unit Variable marketing cost per unit Fixed product cost Fixed period cost $250 45 325,000 260,000 The company is considering diversifying the product line to include two additional models, Economy and Deluxe, which would sell for S740 and $880 per unit, respectively. The costs of manufacturing these new models are as follows Economy 41% below Standard 5% above Standard Deluxe Variable manufacturing cost Variable marketing cost $505 Twice Standard Total fixed product and period costs are expected to remain unchanged. Cora expects to sell 1,300 units of the Economy model and 1,050 units of Deluxe model per month. The company cannot expand its production capacity beyond its current level of 3,250 units Required: 1. If Standard Model is the only product,what would the Operating income be? Operating income 2-a. Suppose that a supplier is willing to supply 900 units of the Standard model at a price of $250 per unit. Also assume that the company can sell all that it can produce of the remaining two models. Should the offer of the supplier be accepted? Yes No 2-b. Which of the model should produced? O Standard Model O Economy Model O Delux Model