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 materials$$X$442$ and Y$661.$ The company uses a standard cost system, with the following standards for each product $($on a per unit basis$)$:

Product Raw Material Standard Labor Time

X$442$ Y$661$ Sintering Finishing

Alpha$62\mathrm{.}0$ kilos $3\mathrm{.}4$ liters $0\mathrm{.}20$ hours $0\mathrm{.}80$ hours

Zeta$74\mathrm{.}0$ kilos $5\mathrm{.}0$ liters $0\mathrm{.}25$ hours $0\mathrm{.}90$ hours

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

Material Purchases Purchase Cost Standard Price Used in Production

X$44215,900$ kilos $ $55,650$ $ $3\mathrm{.}30$ per kilo $10,400$ kilos

Y$66116,900$ liters $ $23,660$ $ $1\mathrm{.}50$ per liter $15,800$ liters

The following additional information is available:

The company recognizes price variances when materials are purchased.

The standard labor rate is $$22\mathrm{.}00$ per hour in Sintering and $$20\mathrm{.}50$ per hour in Finishing.

During May, $1,300$ direct labor$-$hours were worked in Sintering at a total labor cost of $$31,720,$ and $3,040$ direct labor$-$hours were worked in Finishing at a total labor cost of $$68,400.$

Production during May was $2,500$ Alpha$6$s and $1,400$ Zeta$7$s$.$

Required:

Complete the standard cost card for each product, showing the standard cost of direct materials and direct labor.

Compute the materials price and quantity variances for each material.

Compute the labor rate and efficiency variances for each operation.