Corporation produces two products, Alpha6s and Zeta7s, which pass through two operations Mickley Sintering and Finishing. Each of the products uses two raw materials-X442 and Y661. The company uses a standard cost system, with the following standards for each product (on a per unit basis) Raw Material roduct Alpha6 Zeta? Standard Labor Time Sintering- Finishing 0.40 hours 0.80 hours 0.30 hours .90 hours X442 Y661 1.5 kilos 2.2 liters 3.5 kilos 4.4 liters Information relating to materials purchased and materials used in production during May follows Purchase $53,580 $3.60 per kilo 8,690 kilos $21,140 Material X442 Standard Price Used in Production Purchases 14,100 kilos 15,100 liters Cost $1 . 50 piter Y661 13,100 1iters The following additional information is available a. The company recognizes price variances when materials are purchased. b. The standard labor rate is $18.00 per hour in Sintering and $18.00 per hour in Finishing C. During May, 1,250 direct labor-hours were worked in Sintering at a total labor cost of $28,250, and 2,860 direct labor-hours were worked in Finishing at a total labor cost of $57,200 d. Production during May was 1,600 Alpha6s and 1,800 Zeta7s