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Mickley Corporation produces two products, Alpha 6 s and Zeta 7 s , which pass through two operations, Sintering and Finishing. Each of the products

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 standards for each product (on a per unit basis) are as follows:
Information relating to materlals purchased and used in production during May follows:
The following additional Information is avallable:
a. The company recognizes price varlances when materlals are purchased.
b. The standard labor rate is $22.00 per hour in SIntering and $18.10 per hour in Finishing.
c. During May, 1,200 direct labor-hours were worked In Sintering at a total labor cost of $27,240, and 2,870 direct labor-hours were
worked in Finishing at a total labor cost of $60,270.
d. Production during May was 1,700 Alpha6s and 1,800 Zeta7s.
Required:
Complete the standard cost card for each product, showing the ANSWER ALL PARTS: standard cost of direct materlals and direct labor.
Compute the materlals price and quantity varlances for each material.
Compute the labor rate and efficlency varlances for each operation.
Complete this question by entering your answers in the tabs below.
Complete the standard cost card for each product, showing the standard cost of direct materials and direct labor.
Note: Round your answers to 2 decimal places.
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