Ida Company produces a handcrafted musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $$967.$ Selected data for the company$$s operations last year follow:

Units in beginning inventory $0$

Units produced $13,000$

Units sold $9,000$

Units in ending inventory $4,000$

Variable costs per unit:

Direct materials $ $290$

Direct labor $ $450$

Variable manufacturing overhead $ $60$

Variable selling and administrative $ $21$

Fixed costs:

Fixed manufacturing overhead $ $870,000$

Fixed selling and administrative $ $670,000$

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.

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