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Exercise 6-1 (Algo) Variable and Absorption Costing Unit Product Costs [LO6-1] Ida Company produces a handcrafted musical instrumient calied a gamelan that is similar to

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Exercise 6-1 (Algo) Variable and Absorption Costing Unit Product Costs [LO6-1] Ida Company produces a handcrafted musical instrumient calied a gamelan that is similar to a xylophone. The gamelans are sold for $840 Selectied data for the company's operations last year follow. Required: 1 Assurtie the conoany uses absorption cosung Compule the unit product cost for one gamelan. Nore: Round your intermediate colcuintions ond final onswer to the nearest whole dollor amount. 2. Aswume the combany uses variable costing Compote the unit produc cout for one gamelan

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