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Business, 10.10.2019 01:00 DerrtDiggler7826

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 $847. selected data for the company’s operations last year follow: units in beginning inventory 0units produced 20,000units sold 17,000units in ending inventory 3,000variable costs per unit: direct materials$160direct labor$470variable manufacturing overhead$58variable selling and administrative$25fixed costs: fixed manufacturing overhead$970,000fixed selling and administrative$570,000 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.)

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