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Ida Sidha Karya Company is a family owned company located on the island of Bali in Indonesia. The company produces a handcrafted Balinese musical instrument
Ida Sidha Karya Company is a family owned company located on the island of Bali in Indonesia. The company produces a handcrafted Balinese musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $1011 Selected data for the company's operations last year follow: B 15.000 9,80 4.800 Units in beginning inventory Units produced Units sold units in unding inventory Variable costs per unit: Direct materials Direct laber Variable manufacturing overhead Variable selling and administrative Fixed costs Fixed manufacturing overhead Fixed selling and administrative 3 290 40 09 21 $ $ 60,000 $ 510,00 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 cost 2 Variable costing unit productos
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