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5 please answer all requirements! You have been invited to interview for an internship with an international food manutacturing company when you arrive for the
5 please answer all requirements!
You have been invited to interview for an internship with an international food manutacturing company when you arrive for the interview, you are given the following information related to a fictitious Belgian chocolatier for the month of June. (Click the icon to view the data.) Read the requirements Requirement 1. Calculate the materials eficiency and price vanance and the wage and labor effiency variances for the month of May. In order to calculate the variances complete the followng table (Round your final answer to the nearest whole number. Abbreviation used: qty = quantity) Data table The chocolatier manufactures truffles in 12-piece boxes. The production is labor intensive, and the delicate nature of the chocolate requires a high degree of skill. Please respond to the following questions as if you were in an interview situation: 1. Calculate the materials efficiency and price variance and the wage and labor efficiency variances for the month of June. 2. Discuss some possible causes of the variances you have calculated. Can you make any possible connection between the material and labor variances? What recommendations do you have for future improvement Step by Step Solution
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