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Mickley Corporation produces two products, Alpha$6$s and Zeta$7$s$,$ which pass through two operations, Sintering and Finishing. Each of

the products uses two raw materlals$-$X$442$ and Y$661.$ The standards for each product $($on a per unit basis$)$ are as follows:

Information relating to materlals purchased and used in production during May follows:

The following additional Information is avallable:

a$.$ The company recognizes price varlances when materlals are purchased.

b$.$ The standard labor rate is $$22\mathrm{.}00$ per hour in SIntering and $$18\mathrm{.}10$ per hour in Finishing.

c$.$ During May, $1,200$ direct labor$-$hours were worked In Sintering at a total labor 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 $1,700$ Alpha$6$s and $1,800$ Zeta$7$s$.$

Required:

Complete the standard cost card for each product, showing the ANSWER ALL PARTS: standard cost of direct materlals and direct labor.

Compute the materlals price and quantity varlances for each material.

Compute the labor rate and efficlency 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 labor.

Note: Round your answers to $2$ decimal places.

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