Help Save & Exercise 6-1 Variable and Absorption Costing Unit Product Costs [LO6-1] Ida Sidha Karya Company is a family-owned 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 for $977. Selected data for the company's operations last year follow: oed Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: 0 21,000 17,000 4,000 ok nt nt Direct materials Direct labor Variable manufacturing $290 500 $ 46 nces overhead Variable selling and $21 administrative Fixed costs: $650,000 Fixed manufacturing overhead Fixed selling and $480,000 administrative Required 1. Assume that the company uses absorption costing. Compute the unit product cost for one gamelan. Prev1 of 3 Next > Chapter 6 Homework #1 0 Saved Help Save&Exit Check r administrative Fixed costs: $650,000 Fixed manufacturing overhead Fixed selling and $480,000 administrative points Skipped Required 1. Assume that the company uses absorption costing. Compute the unit product cost for one gamelan. eBook Hint Unit product cost Print 2. Assume that the company uses variable costing. Compute the unit product cost for one gamelan. cost Mc Prev 1 of 3 Next >