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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 materials X442

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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 materials 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 materials purchased and materials used in production during Moy follows: The following additional information is available: a. The company recognizes price variances when materials are purchased. b. The standard labor rate is $19.80 per hour in Sintering and $19.20 per hour in Finshing. c. During May, 1,200 direct lobor-hours were worked in Sintering at a totat labor cost of $27,000, and 2,850 direct labor-hours were. worked in Finishing at a total labor cost of $59,850. d. Production during May was 1,500 Alphe6s and 2,000 Zeta7s. Required: 1. Complete the standard cost card for each product, showing the standard cost of di rect materiais and direct laboc 2. Compute the materiols price and quantity varlances for each material. 3. Compute the labor rate and efficiency varlances for each operotion. 2. Compute the materlals price and quantity variances for each material. 3. Compute the labor rate and efficiency variances 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, (Round your answers to 2 decimal places.)

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