$1$

Ida Company produces a handcrafted musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $$909.$ Selected data for the company's operations last year follow:

$2\mathrm{.}5$

points

Skipped

Units in beginning inventory

Units produced

Units sold

Units in ending inventory

Variable costs per unit:

Direct materials

Direct labor

Variable manufacturing overhead

Variable selling and administrative

Fixed costs:

Fixed manufacturing overhead

Fixed selling and administrative

$$1,000,000$

$$670,000$

Required:

Assume the company uses absorption costing. Compute the unit product cost for one gamelan.

Note: Round your intermediate calculations and final answer to the nearest whole dollar amount.

Assume the company uses variable costing. Compute the unit product cost for one gamelan.

$\backslash$table$[[1.$ Absorption costing unit product cost,$],[2.$ Variable costing unit product cost,$]]$