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Ida Sidha Karya Company is a family-owned company located in the village of Gianyar on the island of Ball In Indonesia. The company produces a

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Ida Sidha Karya Company is a family-owned company located in the village of Gianyar on the island of Ball In Indonesia. The company produces a handcrafted Balinese musical Instrument called a gamelan that is similar to a xylophone The gamelans are sold for $962 Selected data for the company's operations last year follow 19,800 17,000 2,000 Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costs: Fixed manufacturing overhead Fixed selling and administrative 5 5 $ $ 300 470 52 20 5 760,000 $ 670,000 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 Vanable costing unit product cost

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