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Ida Sidha Karya Company is a family-owned company located in the vil.pdf

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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 to a Canadian importer for $700. Selected data for the companys operations last year follow: Required: 1. Assume that the company uses absorption costing. Compute the unit product cost for one gamelan. 2. Assume that the company uses variable costing. Compute the unit product cost for one gamelan. Units in beginning inventory0Units produced500Units sold435Units in ending inventory65Variable costs per unit:Direct materials$190Direct labour$280Variable manufacturing overhead$80Variable selling and administrative$20Fixed costs:Fixed manufacturing overhead$110,000Fixed selling and administrative$52,000.

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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 to a Canadian importer for $700. Selected data for the companys operations last year follow: Required: 1. Assume that the company uses absorption costing. Compute the unit product cost for one gamelan. 2. Assume that the company uses variable costing. Compute the unit product cost for one gamelan. Units in beginning inventory0Units produced500Units sold435Units in ending inventory65Variable costs per unit:Direct materials$190Direct labour$280Variable manufacturing overhead$80Variable selling and administrative$20Fixed costs:Fixed manufacturing overhead$110,000Fixed selling and administrative$52,000

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