You have been invited to interview for an internship with an international food manufacturing company When you arrive for the interview, you are given the following information related to a fictitious Belgian chocolatier for the month of Jun (Click the icon to view the data ) Read the requirements Requirement 1. Calculate the materials efficiency and price variance and the wage and labor efficiency variances for the month of May In order to calculate the variances complete the following table. (Round your final answer to the nearest whole number. Abbreviation used qty quantity.) Actual input qty Data Table Actual costs incurred Budgeted price Flexible budget 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. Direct materials Direct labor Now compute the variances and label each amount as favorable (F) or unfavorable (U). The materials efficiency variance is The materials price variance is The labor efficiency variance is The labor price variance is Requirement 2. Discuss some possible causes of the variances you have calculated. Can you make any possible connection between the material an The materials price and efficiency variances could be an indication that the company purchased expensive ingredients of quality whic Actual Boxes produced 10,000 Direct materials used in production 2.150,000 g Actual direct material cost 60,200 euro Actual direct manufacturing labor-hours Actual direct manufacturing labor cost 1,100 12,650 euro Standards Purch Materials per box Wage rate Boxes per hour ase price of direct materials 0.03 euros/g 200 g I work nare an I than normal amount nf reierts nr waste 12.00 euro/hour Choose from any list or enter any number in the input fields and then continue to the next question. 10