Mickley Corporation produces two products, Alpha6s 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 following standards for each product (on a per unit basis):

Product	Raw Material	Standard Labor Time
X442	Y661	Sintering	Finishing
Alpha6	3.0	kilos	2.0	liters	0.30	hours	1.20	hours
Zeta7	5.0	kilos	4.0	liters	0.40	hours	1.20	hours

Information relating to materials purchased and materials used in production during May follows:

Material	Purchases	Purchase Cost	Standard Price	Used in Production
X442	14,900	kilos	$ 37,250	$ 2.30	per kilo	9,400	kilos
Y661	15,900	liters	$ 19,080	$ 1.30	per liter	13,900	liters

The following additional information is available:

1. The company recognizes price variances when materials are purchased.

The standard labor rate is $23.00 per hour in Sintering and $19.50 per hour in Finishing.

During May, 1,250 direct labor-hours were worked in Sintering at a total labor cost of $29,000, and 2,940 direct labor-hours were worked in Finishing at a total labor cost of $63,210.

Production during May was 1,500 Alpha6s and 1,000 Zeta7s.

Required:

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

Complete the standard cost card for each product, showing the standard cost of direct materials and direct labor. (Round your answers to 2 decimal places.) Standard Standard Standard Quantity or Hours Price or Rate Cost Alpha6: Direct materials-X442 3.00 kilos $ 2.00 per kilo $ 6.00 Direct materials-Y661 liters per liter Direct labor-Sintering hours per hour Direct labor-Finishing hours per hour Total $ 6.00 Zeta7: Direct materials-X442 kilos per kilo Direct materials-Y661 liters per liter Direct labor-Sintering hours per hour Direct labor-Finishing hours per hour Total $ 0.00Compute the materials price and quantity variances for each material. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.) Direct Materials VariancesMaterial X442: Materials price variance Materials quantity variance Direct Materials VariancesMaterial Y661: Materials price variance Materials quantity variance _- Compute the labor rate and efficiency variances for each operation. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.) Direct Labor VariancesSintering: _- Direct Labor VariancesFinishing: _- Labor rate variance Labor efficiency variance