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 varlances for each operation. Complete this question by entering your answers in the tabs below. Complete the standard cost card for each product, showing the standard cost of direct materials and direct fabor. (Round your answers to 2 decimal places.) Compute the materials price and quantity variances for each material. (Indicate favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input Complete this question by entering your answers in the tabs below. Compute the labor rate and efficiency variances for each operation. (Indicate the e favorable, " U " for unfavorable, and "None" for no effect (i.e., zero variance). Input Problem 9-21 (Algo) Multiple Products, Materials, and Processes [LO9-4, LO9-5] Mickley Corporation produces two products, Alpha6s and Zeta7s, which pass through two operations, Sintering and Finishing. Each of the products uses two raw materlals 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 recognizes price varlances when materials are purchased. b. The standard labor rate is $22.00 per hour in Sintering and $18.10 per hour in Finishing. c. During May, 1,200 direct labor-hours were worked in Sintering at a total fabor cost of $27,240, and 2,870 direct labor-hours were worked in Finishing at a total labor cost of $60,270. d. Production during May was 1,700 Alpha6s and 1,800 Zeta7s