You have been invited to interview for an internship will are international food manufacturing currpany. Where you ative for the interview, you are given the following information related to a ficlious Belgian cho vokaler for the month of Jure. Click the icon to view the data.) Read the requirements - X Requirement 1. Calculate the materials efficiency and price variance and the wage and Isbor efficiency variances for the month of May. In order to calculate the variances complete the folowing table. (Round your find answer to the nearest whole number. Abbreviation used: y cuantity Data Table Actual input ty Actual conte Incurred 5.2001 Budgeted price 67,500 Flexible budget 51.COM Direct mataras Direct labor The chacalatier manufactures truffes in 12 piece baxes. The production ia labor intensive and the delicate nature of the chocolate requires a high degree of skill. Actual Boxes produced 5:10 Direct materials used in production 2.250.000 g Actual direct material coll 56 250 euro ACHIA direct manufach.ring labor-hours 1.4010 Actual direct manufacturing labor cost 18.240 eura Standards Purchase price of direct materials Materials per box Wage rate Boxes per hour 0.03 euroa 2010 g 12.02 cura hour 10 Requirements Please respond to the following questions as if you were in an interview stuation: 1. Cainulaintha materials oficiency and price variance and the wage and Inbar effciency variances for the month of June. 2. Dass some possible Causes of the vadances you HAVA calcinad. Can you make any pussble connection between the material and labor variances? What recommendations do you have for future imarovement? Print Done Print Done You have been invited to interview for an internship will are international food manufacturing currpany. Where you ative for the interview, you are given the following information related to a ficlious Belgian cho vokaler for the month of Jure. Click the icon to view the data.) Read the requirements - X Requirement 1. Calculate the materials efficiency and price variance and the wage and Isbor efficiency variances for the month of May. In order to calculate the variances complete the folowing table. (Round your find answer to the nearest whole number. Abbreviation used: y cuantity Data Table Actual input ty Actual conte Incurred 5.2001 Budgeted price 67,500 Flexible budget 51.COM Direct mataras Direct labor The chacalatier manufactures truffes in 12 piece baxes. The production ia labor intensive and the delicate nature of the chocolate requires a high degree of skill. Actual Boxes produced 5:10 Direct materials used in production 2.250.000 g Actual direct material coll 56 250 euro ACHIA direct manufach.ring labor-hours 1.4010 Actual direct manufacturing labor cost 18.240 eura Standards Purchase price of direct materials Materials per box Wage rate Boxes per hour 0.03 euroa 2010 g 12.02 cura hour 10 Requirements Please respond to the following questions as if you were in an interview stuation: 1. Cainulaintha materials oficiency and price variance and the wage and Inbar effciency variances for the month of June. 2. Dass some possible Causes of the vadances you HAVA calcinad. Can you make any pussble connection between the material and labor variances? What recommendations do you have for future imarovement? Print Done Print Done