Homework 9. Chapter 9 48.33/100 Total points Help Exit 1 Kima Company manufactures and sells two models of a home appliance. The Standard model is a basic appliance with mostly manual features, while the Galaxy model is highly automated. The appliances are produced to order and there are no inventories at the end of the year 133/20 Dot The cost accounting system at Kima allocates overhead to products based on direct labor cont Overhead in year 1, which just ended, was $2.918,750. Other data for year for the two products follow Standard Model Galaxy Model (20,000 units) 13. units) Sales revenue 56,120.000 $2.070,000 Direct materiais 2,570,000 470,000 Direct labor 1,720.000 365.000 Required: a. Compute product line profisioss for the Standard model and the Galaxy model for you b. A study of overhead shows that without the Standard modet overhoed would fall to 52335.000. Assume all other revenues and costs would remain the same for the Galaxy model in year 2. Compute product line protsess for the Galaxy model in year 2 assuming the Standard model was not produced or sold Complete this question by entering vour answers in the tabs below Red A Red Compute product in profits/loss for the Standard model and the Galaxy model for your 1. (Do not found warmediate calculations. Negative amounts should be indicated by minus sign) Standard Galaxy Pro 3250 1.120.750