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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 $925. 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 $925. Selected data for the company's operations last year follow: Units in beginning inventory Units produced 22,000 Units sold 19,000 Unit in ending inventory 3,000 Variable costs per unit: Direct materials $ 230 Direct labor 5.400 Variable manufacturing overhead $.63 Variable selling and adesinistrative $ 17 Fixed costs Fixed manufacturing overhead 5 710,000 Fixed selling and administrative $ 100.000 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 casting, Compute the unit product cost for one gamelan. 1 Absorption costing unit product cost 2 Vaste costing unit product cost

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