Ida Sidha Karya Company is a family-owned company located in the village of Gianyar 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 $831. Selected data for the companys 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		$ 210
Direct labor		$ 370
Variable manufacturing overhead		$ 57
Variable selling and administrative		$ 18
Fixed costs:
Fixed manufacturing overhead		$ 830,000
Fixed selling and administrative		$ 530,000

Required:

1.	Assume that the company uses absorption costing. Compute the unit product cost for one gamelan.

Unit product cost: ?

2.	Assume that the company uses variable costing. Compute the unit product cost for one gamelan.
	Unit product cost: ?