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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

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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 $987. Selected data for the company's operations last year follow 0 24,000 22.000 2000 Units in beinning inventory tinate produced Urata Hold Unata in ending intory Variable cont permit Direct materials Direct labor Variable manufacturing overhead Variable selling and distrative Fixed cost Fixed acturing overhead Fixed selling and administrative 290 $ $ $ $ 510 49 21 $ 910.000 $ 600.000 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 Variable costing unit product cost 2

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