Problem 10-10 Multiple Products, Materials, and Processes (LO10-1, LO10-2] Mickley Corporation produces two products, Alphabs and Zeta7s, which pass through two operations, Sinterne the product uses two raw materials --X442 and Y661. The company uses a standard cost system, with the following and the Balche produd (on a per unit basis): Product Alphab Zetor Raw Material X442 4661 2.0 kilos 1.4 liters 4.0 kilos 3.4 liters Standard Labor Time Sintering Finishing 0.50 hours 0.90 hours 0.10 hours 9.90 hours Information relating to materials purchased and materials used in production during May follows: V Material X442 7661 Purchases 14,600 kilos 15,600 liters Purchase Cost $62,780 $21,840 Standard Price $4.10 per kilo $1.50 per liter Used in Production 9, 100 kilos 13,600 liters The following additional information is available: a. The company recognizes price variances when materials are purchased. b. The standard labor rate is $15.00 per hour in Sintering and $20.00 per hour in Finishing. c. During May. 1,300 direct labor-hours were worked in Sintering at a total labor cost of $30,030, and 2,910 direct labor-hours were worked in Finishing at a total labor cost of $64,020. d. Production during May was 2100 Alpha6s and 1,300 Zeta7s. Complete this question by entering your answers in the tabs below. Req 1 Reg 2 Req 3 Complete the standard cost card for each product, showing the standard cost of direct ma answers to 2 decimal places.) Standard Quantity or Hours Standard Price or Rate Standard Cos! kilos per kilo liters per liter per hour hours hours per hour Alpha6 Direct materials-X442 Direct materials-Y661 Direct labor-Sintering Direct labor-Finishing Total Zeta Direct materials-X442 Direct materials-Y661 Direct labor Sintering Direct labor-Finishing Total kilos per kilo liters hours per liter per hour hours per hour Complete this question by entering your answers in the tabs below Req 1 Req 2 Req 3 ho Compute the materials price and quantity variances for each material indida favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Direct Materials Variances-Material X442 Materials price variance Materials quantity variance Direct Materials Variances-Material Y661 Materials price variance Materials quantity variance