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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 gamelons are sold for $953. Selected data for the company's operations last year follow: 13,000 11,000 2,000 Units in beginning inventory Units produced Units sold Units in ending inventory Variable costa per unit Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Tixed cost Pixed manufacturing overhead Tixed selling and administrativo $ 240 460 49 18 $ $960,000 4730,000 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
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