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 May 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 Finishing. c. During May, 1,200 direct labor-hours were worked in Sintering at a total 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 Alpha6s and 2,000 Zeta7s. \begin{tabular}{|l|r|l|} \hline Direct Materials Variances-Material X442: & & \\ \hline Materials price variance & 1,450 & \\ \hline Materials quantity variance & & F \\ \hline Direct Materials Variances-Material Y661: & & \\ \hline Materials price variance & & F \\ \hline Materials quantity variance & 1,400 & U \\ \hline \end{tabular} \begin{tabular}{|l|r|l|} \hline Direct Labor Variances-Sintering: & & \\ \hline Labor rate variance & 3,240 & U \\ \hline Labor efficiency variance & & U \\ \hline Direct Labor Variances-Finishing: & & \\ \hline Labor rate variance & & U \\ \hline Labor efficiency variance & 2,880 & F \\ \hline \end{tabular} 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 May 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 Finishing. c. During May, 1,200 direct labor-hours were worked in Sintering at a total 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 Alpha6s and 2,000 Zeta7s. \begin{tabular}{|l|r|l|} \hline Direct Materials Variances-Material X442: & & \\ \hline Materials price variance & 1,450 & \\ \hline Materials quantity variance & & F \\ \hline Direct Materials Variances-Material Y661: & & \\ \hline Materials price variance & & F \\ \hline Materials quantity variance & 1,400 & U \\ \hline \end{tabular} \begin{tabular}{|l|r|l|} \hline Direct Labor Variances-Sintering: & & \\ \hline Labor rate variance & 3,240 & U \\ \hline Labor efficiency variance & & U \\ \hline Direct Labor Variances-Finishing: & & \\ \hline Labor rate variance & & U \\ \hline Labor efficiency variance & 2,880 & F \\ \hline \end{tabular}