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Swed Help Save & Exit Submit Check my work Ida Company produces a handcrafted musical instrument called a gamelan that is similar to a xylophone.
Swed Help Save & Exit Submit Check my work Ida Company produces a handcrafted musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $745. Selected data for the company's operations last year follow: 0 17.000 13,000 4,000 units in beginning inventory Laits prodeod Coits sold Onits in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costs: Fixed manufacturing overhead Fixed selling and administrative $ 140 $ 350 $ 63 $ 22 $ 890,000 $ 520,000 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 and product cost Prey 1 of 5 Next >
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