Ida Company produces a handcrafted musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $912. Selected data for the companys operations last year follow:

Units in beginning inventory	0
Units produced	17,000
Units sold	15,000
Units in ending inventory	2,000
Variable costs per unit:
Direct materials	$ 280
Direct labor	$ 430
Variable manufacturing overhead	$ 45
Variable selling and administrative	$ 25
Fixed costs:
Fixed manufacturing overhead	$ 630,000
Fixed selling and administrative	$ 890,000

Required:

1. Assume the company uses absorption costing. Compute the unit product cost for one gamelan.

   Note: Round your intermediate calculations and final answer to the nearest whole dollar amount.

2. Assume the company uses variable costing. Compute the unit product cost for one gamelan.