Help Save Problem 9-21 (Algo) 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): Raw Material Standard Labor Time Product X442 4661 Sintering Finishing Alpha 2.0 kilos 1.5 liters 0.10 hours 1.00 hours teta 3.0 kilos 4.5 liters 0.30 hours 0.80 hours Information relating to materials purchased and materials used in production during May follows: Purchase GoedIn Material Purebanen Cost Standard Price Production X442 14,200 kilo $ 55,300 $ 3.70 per kilo 32700 kilo 7661 15,200 liter 22,800 $ 1.60 per litet 13.200 Iltero The following additional Information is available: a. The company recognizes price variances 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, 1200 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 1700 Alpha6s and 1.800 Zeta7s. Required 1 Required 2 Required 3 Complete the standard cost card for each product, showing the standard cost of direc answers to 2 decimal places.) + tandard Quantity or Hours Standard Price or Rate Standard Cost kilos per kilo liters per liter hours per hour hours per hour Alphab: Direct materials-X442 Direct materials-Y661 Direct labor-Sintering Direct labor-Finishing Total Zeta 7 Direct materials-X442 Direct materials-Y661 Direct labor-Sintering Direct labor-Finishing Total $ 0.00 kilos per kilo liters per liter hours per hour hours per hour $ 0.00 Required 2 > Required 1 Required 2 Required 3 Compute the materials price and quantity variances for each material. (Indicate favorable, "U" for unfavorable, and "None" for no effect (1.e., zero variance). Inp Direct Materials VariancesMaterial X442: Materials price variance Materials quantity variance Direct Materials VariancesMaterial Y661: Materials price variance Materials quantity variance