Mickley Corporation produces two products, Alphabs and Zete7s, which pass through two operations, Sintiering and Finahing Each of the products uses two raw materials X442 and 662. The compary uses a standard cost system, with the folowing standards for each product (on a per unit basis). Information relating to materials purchased and maserials used in production during May follows: The folowing adstional information is avaitoble. a. The company recognites price variances when materials are purchased b. The standard labor tate is $23.00 per hour in Sintering and $22.00 per hour in Finishing: c. During Myy, 1380 direct labor-hours weve worked in Smitering at a fotst labor cost of $34.500, and 3.030 direct labor-hours were warked in Finbhing at at total labor cost of $72,720. d. Production during May was 2.400 Mpha6s and 1,000 Zeta7s Required: 1. Complete the standord cost casd foe each preduct, showng the standard cont of direct muterish and direct laboe 2. Compute the materials price and quantity variances for each material 3. Compute the tabor rate and efficiency variances for each operation. Complete this question by entering vour answers in the tabs below