Ida Company produces a handcrafted musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $711. Selected data for the company's operations last year follow: Units in beginning inventory 6 Units produced 16,386 Units sold 14,666 Units in ending inventory 2,389 Variable costs per unit: Direct materials $ 156 Direct labor $ 329 Variable manufacturing overhead $ 55 Variable selling and administrative $ 15 Fixed costs: Fixed manufacturing overhead $ 963,689 Fixed selling and administrative 5 858,666 Required: 1. Assume that the company uses absorption costing. Compute the unit product cost for one gamelan. Note: Round your intermediate calculations and nal answer to the nearest I.llrhole 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