Ida Sidha Karya Company is a family - owned company located in the village of Gianyar on
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Question:
Ida Sidha Karya Company is a familyowned company located in the village of Gianyar 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 to a Canadian importer for $ Selected data for the companys operations last year follow:
Units in beginning inventory
Units produced
Units sold
Units in ending inventory
Variable costs per unit:
Direct materials $
Direct labour $
Variable manufacturing overhead $
Variable selling and administrative $
Fixed costs:
Fixed manufacturing overhead $
Fixed selling and administrative $
Required:
Assume that the company uses absorption costing. Compute the unit product cost for one gamelan.
Assume that the company uses variable costing. Compute the unit product cost for one gamelan.
Related Book For
Management Accounting
ISBN: 9780077185534
6th Edition
Authors: Will Seal, Carsten Rohde, Ray Garrison, Eric Noreen
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