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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
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 $850. Selected data for the company's operations last year follow: 10 points Units in beginning inventory Units produced Units sold Units in ending inventory variable co ts per unit: 250 225 25 eBook Hint Print References Direct materiala Direct laboz Variable nanufacturing overhead Variable selling and administrative $ 100 $ 320 40 20 Fixed manufacturing overhead Fixed selling and adninistrative 60,000 20,000 Required: 1. Assume that the company uses absorption costing. Compute the unit product cost for one gamelan. 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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