Mickley Corporation produces two products, Alphaos 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): RAY Material Standard tabar Time Product X642 Y661 Sintering Finishing Alpha 3.0 kilon 2.5 liters 0.30 hours 1.20 hours Xeta? 4.0 kilos 4.5 liter 0.30 hours 0.70 hours Information relating to materials purchased and materials used in production during May follows: Material Purchase Purchase cont Standard Price thered in Production X442 15,600 kilos $49,920 $3.00 per kilo 10.100 kilos 7661 16,600 liter 8.24,900 $ 1.60 per liter 14.600 liters The following additional information is available: a. The company recognizes price variances when materials are purchased b. The standard loborrate is $22.00 per hour in Sintering and $2100 per hour in Finishing c. During May. 1.400 direct labor hours were worked in Sintering of a total tabor cost of $33,740, and 3,010 direct labor-hours were worked in Finishing at a total lobor cost of $69,230. d. Production during May was 2,200 Alpha 6s and 1,000 Zeta7s. 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.) Standard Standard Standard Quantity or Hours Price or Rate Cost Alpha 6 Direct materials-X442 kilos per kilo Direct materials-Y661 liters per liter Direct labor-Sintering hours per hour Direct labor-Finishing hours per hour Total Zeta: Direct materials-X442 kilos per kilo Direct materials Y661 itors per liter Direct labor Sintering hours per hour Direct labor-Finishing hours per hour Total RE Reg 2 > Compute the materials price and quantity variances for each material. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (ie, zero variance). Input all amounts as positive values.) Direct Materials Variances --Material X442 Material price variance Materials quantity variance Direct Material Variances Material Y661 Materials price variance Materials quantity variance