The chocolatier manulactures trumles in 12-piece boxes. The praduction is laber intersive, and the delicate nature of the chacolate requires a high Requirement 1. Caloulate the materials efficiency and price varianos and the wage and labor cffirinary variances for the month of May In order to calculate the variances complete the folowing table. (Round your final aniswer to the nearest whoie nurrber. Alabreviation used: qty = quantity.) Now compuste the variances. (Enter the amouunt of the variance, then select whether it is favorable ar unfavorable.) workers may have worked more, resuling in a wock pace and a 7 than normal ambunt af rejects br waste- The compary should determine the cause of the rejects. The cause could be Perhaps Requirements Please respond to the following cuestions as if you were in an interview siluation: 1. Calculate the malerials elliciericy and price variance and the wage and labor efficiency variances for the manth of dune. 2. Discuss some possible ceuses of the variances you heve calculated. Can you make any poseible connection between the material and labor variances? What recommendalions do you have for fulure improvement