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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 $723. Selected data for the company's operations last year follow 18,000 15,000 3,000 unite in beginning inventary Units produced Units sold Unst in ending inventory Variable conta per uniti Direct materiale Direct labor Variable manufacturing overbead Variable selling and administrative Fixed cost Fixed manufacturing overhead Fixed selling and administrative 3 $ 130 390 59 17 5 $620,000 $570,000 Required: 1. Assume that the company uses absorption costing Compute the unit product cost for one gamelan. (Round your intermediate 2. Assume that the company uses variable costing Compute the unit product cost for one gamelon 1. Absorption coming unit product com 2 Variable conting unit product cout
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