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 followirg standards for each product (on a per unit basis): Information relating to materlals purchased and materials used in production during May follows: The following additional information is avallable: a. The company recognizes price variances when materials are purchased b. The standard labor rate is $20.00 per hour in Sintering and $19.00 per hour in Finishing c. During May, 1,200 direct labor-hours viere worked in Sintering at a total labor cost of $27,480, and 2.890 direct labor-hours were worked in Finishing at a total labor cost of $60,690. d. Production during May was 1,900 Alpha6s and 1,300 Zeta7s. Required: 1. Complete the standard cost card for each product, showing the standard cost of direct materials and direct labor 2. Compute the materiais price and quantity variances for each materiat. 3. Compute the labor rate and efficiency variances for each operation. 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.) Compute the materials price and quantity variances for each material. (Indicate the effect of each variance by selecting favorable, "U" for unfavorable, and "None" for no effect (I.e., zero variance). Input all amounts as positive values.) 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.)