Ida Sidha Karya Company is a family-owned company located 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 $827. Selected data for the company's operations last year follow 22.000 19.000 3.000 Units in beginning inventory Units produced Units sold Unitsin ending inventory Variable costs per unit Direet materials Direct labor Variable manufacturing overhead Variable selling and administrative Pixed costs Pixed manufacturing overhead Pixed selling and administrative $ 730,000 $690.000 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. Variable costing unit product cost Required information [The following information applies to the questions displayed below.) Raner, Harris & Chan is a consulting firm that specializes in information systems for medical and dental clinics. The firm has two offices-one in Chicago and one in Minneapolis. The firm classifies the direct costs of consulting jobs as variable costs. A contribution format segmented income statement for the company's most recent year is given: Sales Variable expenses Contribution margin Traceable fixed expenses office segment margin Common fixed expenses not traceable to offices Net operating income Total Company $ 600,000 100.00 324,000 54.00 276.000 46.00 134,400 22.41 141,600 23.68 96,000 16.00 $ 45.600 7.68 office Chicago Minneapolis $ 120.000 1001 $ 480,000 1001 36,000_ 308 2 88,000 600 84,000 700 192,000 401 62.400 52 72.000 158 $ 21,600 188 $ 120,000 258 2. By how much would the company's net operating income increase if Minneapolis increased its sales by $60,000 per year? Assume no change in cost behavior patterns. Net operating income increase