Mickley Corporation produces two products, Alpha6s and Zeta7s, which pass through two operations, Sintering and...
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Mickley Corporation produces two products, Alphas and Zetas which pass through two operations, Sintering and Finishing. Each of the products uses two row materialsX and Y The standards for each product on o per unit basis are as follows: Information relating to materials purchased and used in production during May follows: The following additional information is available: a The company recognizes price variances when materials are purchosed. b The standard labor rote is $ per hour in Sintering and $ per hour in Finishing. c During May, direct laborhours were worked in Sintering at a total labor cost of $ and direct laborhours were worked in Finishing at a total labor cost of $ d Production during May was Alphes and Zeta Required: Complete the standard cost card for each product, showing the standard cost of direct materials and direct labor. Round your answers to two decimal places. Compute the materials price and quantity variances for each material. Compute the labor rate and efficiency variances for each operation. Complete this question by entering your answers in the tabs below. 
Mickley Corporation produces two products, Alphas and Zetas which pass through two operations, Sintering and Finishing. Each of
the products uses two row materialsX and Y The standards for each product on o per unit basis are as follows:
Information relating to materials purchased and used in production during May follows:
The following additional information is available:
a The company recognizes price variances when materials are purchosed.
b The standard labor rote is $ per hour in Sintering and $ per hour in Finishing.
c During May, direct laborhours were worked in Sintering at a total labor cost of $ and direct laborhours were
worked in Finishing at a total labor cost of $
d Production during May was Alphes and Zeta
Required:
Complete the standard cost card for each product, showing the standard cost of direct materials and direct labor. Round your answers to two decimal places.
Compute the materials price and quantity variances for each material.
Compute the labor rate and efficiency variances for each operation.
Complete this question by entering your answers in the tabs below.
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