Ida Company produces a handcrafted musical instrument called a gamelan that is star to a xylophone. The gamelans are sold for $835. Selected data for the company's operations last year follow Units in beginning inventory Units produced 23,00 Units sold 20,000 Units in ending inventory 3,000 Variable costs per unit Direct materials $ 150 Direct labor $ 460 Variable manufacturing overhead $48 Variable selling and adeinistrative $20 Fixed costs Fixed manufacturing overhead $ 160,000 Fixed selling and administrative $ 470,000 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 costing Compute the unit product cost for one gamelan 1. Absorption costing unit product cost 2. Variable costing unit productos