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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 $878. 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 $878. Selected data for the company's operations last year follow. Units in beginning Inventory Units produced 19,000 Units sold 16.ee Units In ending Inventory 3,00 Variable costs per unit Direct materials 3.230 Direct Labor $.440 Variable manutacturing overhead $ 52 Variable selling and adicinistrative $18 Fixed costs Fixed manufacturing overhead $ 780,000 Fixed selling and administrative $ 900,00 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 oost 2 Variable costing unit product cost

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