Ida Company produces a handcrafted musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $887. Selected data for the company's operations last year follow: Units in beginning inventory 6 Units produced 14,006 Units sold 11,906 Units in ending inventory 3,806 Variable costs per unit: Direct materials $ 260 Direct labor $ 386 Variable manufacturing overhead $ 51 Variable selling and administrative $ 18 Fixed costs: Fixed manufacturing overhead $ 640,906 Fixed selling and administrative $ 928,866 Required: 1. Assume that 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. 1. Absorption costing unit product cost 2. Variable costing unit product cost