Polar Industries manufactures a commerical size refrigerator for restaurants and commercial kitchens. The commercial refrigerators are sold for $1,009. Selected data for the company's operations last year follow: 0 11,000 8,000 3,000 Units in beginning inventory Units produced Units sold Unito in ending inventory Variable costs per unitt Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costs Fixed manutacturing over head mixed selling and administrative $ 5 $ $ 280 440 61 17 $860,000 $840,000 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