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Ida Sidha Karya Company is a family owned company located on the island of Boli in Indonesia. The company produces a handcrafted Balinese musical instrument

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Ida Sidha Karya Company is a family owned company located on the island of Boli in Indonesia. The company produces a handcrafted Balinese musical instrument called a gamelan that is similar to a xylophone. The gamelons are sold for $844. Selected data for the company's operations last year follow: 0 18,000 15,000 3,000 Units in beginning inventory Units produced Units nold Units in ending inventory Variable costs per unit Direct materiale Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costs Fixed manufacturing overhead Fixed selling and administrative $ $ 290 330 52 16 $750,000 $590,000 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 product cost

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