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 $749. Selected data for the company's operations last year follow: Units in beginning inventory Units produced 23,000 Units sold 21,000 Units in ending inventory 2,000 Variable costs per unit: Direct materials $ 150 Direct labor $ 390 Variable manufacturing $ 53 overhead Variable selling and $20 administrative Fixed costs: Fixed manufacturing overhead $ 820,000 Fixed selling and $ 950,000 administrative Denumired. Feu Ildiluidlumny overhead Fixed selling and administrative $ 950,000 Required: 1. Assume that the company uses absorption costing. Compute the unit product cost for one gamelan. Unit product cost $ 629 2. Assume that the company uses variable costing. Compute the unit product cost for one gamelan. Unit product cost