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Ida Sidha Karya Company is a family-owned company located on the island of Ball in Indonesia. The company produces a handcrafted Balinese musical instrument called
Ida Sidha Karya Company is a family-owned company located 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 $833. Selected data for the company's operations last year follow 24,000 21.000 3,000 Units in beginning westory Units produced Units sold Unitsin ending Inventory Varkable costs per unit Direct materials Direct Labor Variable manufactucing overhead Variable selling and administrative bed costs Fixed manufacturing overhead Fixed selling and administrative 5 $ $ 5 160 470 52 25 $750,000 5.870.000 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 683 Absorption costing unit product cost 2 Variable costing unit product cost $ 5 683
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