Exercise $7-1($Algo$)$ Variable and Absorption Costing Unit Product Costs $[$LO$7-1]$

Ida Company produces a handcrafted musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $$805.$ Selected data for the company's operations last year follow:

$\backslash$table$[[$Units in beginning inventory,$0],[$Units produced,$12,000],[$Units sold,$9,000],[$Units in ending inventory,$3,000],[$Variable costs per unit:,$$200$