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 chocolatier for the month of

June.

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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.$)$

Requirements

Please respond to the following questions as if you were in an interview situation:

Calculate the materials efficiency and price variance and the wage and labor

efficiency variances for the month of June.

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?

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.

Actual

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