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Mickley Corporation produces two products, Alpha6s and Zeta7s, which pass through two operations, Sintering and Finishing. Each of the products uses two raw materlals X442 and Y661. The company uses a standard cost system, with the following standards for each product (on a per unit basis): Information relating to materlals purchased and materials used in production during May follows The following additional information is avallable: a. The company recognizes price variances when materials ate purchased. b. The standard labor rate is $23.00 per hour in Sintering and $20.00 per hour in Finishing c. During May, 1,300 direct labor-hours were worked in Sintering at a totat labor cost of $30,550, and 2,950 direct labor-hours were worked in Finishing at a total labor cost of $64,900 d. Production during May was 1,600 Alpha6s and 1,300 Zeta75 Required: 1. Complete the standard cost card for each product, showing the standard cost of direct materials and direct labor. 2. Compute the materials price and quantity variances for each material. 3. Compute the labor rate and efficiency variances for each operation