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 standards for each product (on a per unit basis) are as follows: Product Alpha6 Zeta7 Material X442 Y661 Raw Material X442 2.0 kilos 4.0 kilos Y661 3.4 liters 5.0 liters Finishing 0.80 hours 0.90 hours Information relating to materials purchased and used in production during May follows: Used in Production 10,400 kilos 15,800 liters Required 1 Purchases 15,900 kilos 16,900 liters ALL-P Sintering 0.20 hours 0.25 hours Purchase Cost $ 55,650 $ 23,660 The following additional information is available: a. The company recognizes price variances when materials are purchased. b. The standard labor rate is $22.00 per hour in Sintering and $20.50 per hour in Finishing c. During May, 1,300 direct labor-hours were worked in Sintering at a total labor cost of $31,720, and 3,040 direct labor-hours were worked in Finishing at a total labor cost of $68,400 d. Production during May was 2,500 Alpha6s and 1,400 Zeta7s. Standard Labor Time Required: 1. Complete the standard cost card for each product, showing the standard cost of direct materials and direct labor. 2. Compute the materials price and quantity variances for each material. 3. Compute the labor rate and efficiency variances for each operation. Required 2 Complete this question by entering your answers in the tabs below. Required 3 Standard Price $ 3.30 per kilo $ 1.50 per liter. 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. Standard Quantity or Hours Standard Price or Rate Standard Cost www Next S

1. Complete the standard cost card for each product, showing the standard cost of direct materials and direct labor. 2. Compute the matertals price and quantity varlances for each materlat. 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. Note: Round your answers to 2 decimal places, 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 standards for each product (on a per unit basis) are as follows: Information relating to materials purchased and used in production during May follows. The following additional information is available: a The rompany reconnizes price variances when materials are purchased. b The standard labor rate is $2200 per hour in Sintering and $20.50 pet hour in Finishing c. During May, 1,300 direct labor-hours were worked in Sintering at a total labor cost of $31,720, and 3,040 direct labor hours were worked in Finishing at a total labor cost of $68.400 d. Production during May was 2.500 Alpha6s and 1.400 Zeta7s Required: 1. Complete the standard cost card for each product, showing the standard cost of direct materials and direct labor 2 Compute the materials price and quantify variances for each material. 3. Compute the labor rate and efficiency vanances 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 aniwers to 2 dedmal places. 1. Complete the standard cost card for each product, showing the standard cost of direct materials and direct labor. 2 Compute the materials 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. Compute the labor rate and efficiency variances for each operation. Note: 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. 2 compute the materials 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. Compute the materials price and quantity variances for each material. Note: Indicate the effect of each variance by selecting " F " for favorable, " U " for unfavorable, and "None" for no effect (i.e, zero wariance), Input all amountrs as positive values