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Complete the standard cost card for each product, showing the standard cost of direct materials and direct labor. (Round you answers to 2 decimal places.)

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Complete the standard cost card for each product, showing the standard cost of direct materials and direct labor. (Round you answers to 2 decimal places.) Mickley Corporation produces two products, Apha6s and Zeta7s, which pass through two operations. Sintering and Finishing Each of the products uses two raw materials X442 and Y661. The company uses a standard cost system, with the follownig standards for each procuct (on a per unit basis): informavion relating to materials purchased and materials used in production during May follows. The following additional information is avaliable: a. The compony recognizes price variances when materials are purchased. b. The standard labor rate is $22.00 per hour in Sintering and $2050 per hour in Finishing. c. During Moy, 1,200 direct fabor-hours were worked in Sintering at a total tabor cost of $27,840, and 2,920 direct labor-hours were worked in Finishing at a total iabor cost of $65700. d. Production during May Was 2,200 Apha6s and 1,700 Zeta7s: Required: 1. Complete the standard cont card for each product, showing the standard cost of direct materiais and direct labor 2 Compute the materials price and quantity variances for each materal. 3 Compute the labor rate and efficiency variances for each operation. Compute the materials price and quantity variances for each material. (Indicate the effe favorable, " U " for unfavorable, and "None" for no effect (i.e., zero variance). Input all ai Compute the labor rate and efficiency variances for each operation. (Indi favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variand

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