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Ida Company produces a handcrafted musical Instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $809. Selected data for

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Ida Company produces a handcrafted musical Instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $809. Selected data for the company's operations last year follow: Units in beginning inventory 0 Units produced 21,000 Units sold 19,000 Units in ending inventory 2,000 Variable conta per uniti Direct materials $ 190 Direct labor Variable manufacturing overhead Variable selling and administrative 20 Pixed contar Fixed manufacturing overhead $970,000 Fixed selling and administrative #410,000 Required: 1. Assume thot the company uses absorption costing, Compute the unit product cost for one gamelan (Round your Intermediate 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. $ 400 363 1. Absorption costing unit product cost 2. Variable conting unit product.com

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