Exercise 4-1 (Algo) Variable and Absorption Costing Unit Product Costs [LO4-1] Ida Company produces a handcrafted musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $996. Selected data for the company's operations last year follow: Required: 1. Assume that the company uses absorption costing. Compute the unit product cost for one gamelan. Note: Round your intermedlate calculations and final answer to the nearest whole dollar amount. 2. Assume that the company uses variable costing. Compute the unit product cost for one gamelan