omplete the standard cost card for each product, showing the standard cost of direct materials and direct labor. (Round your answers to 2 decimal places.)

1.

	Standard Quantity or Hours		Standard Price or Rate		Standard Cost
Alpha6:
Direct materialsX442	0	kilos	$0	per kilo
Direct materialsY661		liters	$	per liter
Direct laborSintering		hours	$	per hour
Direct laborFinishing		hours	$	per hour
Total
Zeta7:
Direct materialsX442		kilos		per kilo
Direct materialsY661		liters		per liter
Direct laborSintering		hours		per hour
Direct laborFinishing		hours		per hour
Total

• Required 1
• Required 2
• Required 3

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 (i.e., zero variance). Input all amounts as positive values.)

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Direct Materials VariancesMaterial X442:
Materials price variance		U
Materials quantity variance		F
Direct Materials VariancesMaterial Y661:
Materials price variance		U
Materials quantity variance		U

Problem 9-21 Multiple Products, Materials, and Processes (LO9-4, LO9-5) Mickley Corporation produces two products, Alphabs 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): Product Alpha 6 Raw Material X442 Y661 1.5 2.0 kilos liters 3.5 4.0 kilos liters Standard Labor Time Sintering Finishing 0.20 0.80 hours hours 0.40 0.90 hours hours Zeta 7 Information relating to materials purchased and materials used in production during May follows: Purchase Standard Material Purchases Cost Price X442 14,300 kilos $57,200 $3.80 Used in Production 8,800 kilos Y661 15,300 liters $24,480 $1.70 13,300 liters The following additional information is available: a. The company recognizes price variances when materials are purchased. b. The standard labor rate is $20.00 per hour in Sintering and $18.50 per hour in Finishing. C. During May, 1,300 direct labor-hours were worked in Sintering at a total labor cost of $29,640, and 2,880 direct labor- hours were worked in Finishing at a total labor cost of $59,040. d. Production during May was 1,800 Alphabs 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 materials price and quantity variances for each material. 3. Compute the labor rate and efficiency variances for each operation. Complete this question by entering your answers in the tabs below. Required Required Required 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.) Show less Direct Labor Variances- Sintering: Labor rate variance Labor efficiency variance Direct Labor Variances- Finishing: Labor rate variance Labor efficiency variance