Mickley Corporation produces two products, Alpha6s and Zeta7s, which pass through two operations, Sintering and Finishing. Each 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 Alpha 6 Zeta Raw Material X442 Y661 1.5 kilos 2.0 liters 3.5 kilos 4.0-liters Standard Labor Tise Sintering Finishing 0.20 hours 0.80 hours 0.40 hours 0.90 hours Information relating to materials purchased and materials used in production during May follows Material X442 Y661 Purchase Purchases Cost 14,300 kilos $57,200 15,300 liters $24,480 Standard Price 53.80 per kilo $1.70 per liter Used in Production 8,800 kilos 13,300 liters The following additional information is available: a. The company recognizes price variances when materials are purchased b. The standard labor rate is $20.00 per hour in Sintering and $18.50 per hour in Finishing c. During May, 1.300 direct labor-hours were worked in Sintering at a total labor cost of $29,640, and 2.880 direct labor hours were worked in Finishing at a total labor cost of $59,040 d Production during May was 1,800 Alpha6s and 1800 Zeta7s Complete this question by entering your answers in the tabs below. Req 1 Req 2 Req3 Complete the standard cost card for each product, showing the standard cost of direct materials and d answers to 2 decimal places.) Standard Quantity or Hours Standard Price or Rate Standard Cost kilos per kilo liters per liter per hour hours hours per hour Alpha Direct materials-X442 Direct materials-Y661 Direct labor-Sintering Direct labor-Finishing Total Zeta Direct materials-X442 Direct materials-Y661 Direct labor-Sintering Direct labor-Finishing kilos liters per kilo per liter per hour per hour hours hours Total f Rng? Req 2 > Req 1 Reg 2 Reg 3 Compute the materials price and quantity variances for each material. favorable, "U" for unfavorable, and "None" for no effect (i.e., zero varia Direct Materials Variances-Material X442 Materials price variance Materials quantity variance Direct Materials Variances-Material Y661: Materials price variance Materials quantity variance