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NEED HELP THANKS Mickley Corporation produces two products, Alpha6s and Zeta7s, which pass through two operations, Sintering and Finishing Each of the products uses two

NEED HELP THANKS
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Mickley Corporation produces two products, Alpha6s and Zeta7s, which pass through two operations, Sintering and Finishing Each of the products uses two row 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 avallable a. The company recogyzes price vorionces when materials are purchased b. The standard labor rate is $18,00 per hour in Sintering and $18.00 per hour in Finshing c. During May, 1,250 direct labor-hours were worked in Sintering at a total labor cost of $28,250, and 2,860 direct labor-hours were worked in Finishing at a total labor cost of $57,200 d. Production during May was 1,600 Alpha6s and 1,800 Zeta7s. Required: 1. Complete the standard cost card for each product, showing the standard cost of direct materials and direct labor. 2. Compute the moterials price and quantity variances for each material 3. Compute the labor rate and efficiency variances for each operation

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