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 to a Canadian importer for $400. Selected data for the company's operations last year follow: O Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labour Variable manufacturing overhead Variable selling and administrati Fixed costs: Fixed manufacturing overhead Fixed selling and administrative - HN $105,000 $ 47,500 Required: 1. Assume that the company uses absorption costing. Compute the unit product cost for one gamelan. C Unit product cost 2. Assume that the company uses variable costing. Compute the unit product cost for one gamelan.