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 June. (Click the icon to view the data.) Read the requirements. i Data Table Requirement 1. Calculate the materials efficiency and price variance and the wage and labor efficiency variances for the month of May. Label each amount as favorable (F) or unfavorable (U). ((Round all intermediary calculations and your final answers to the nearest whole 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. The materials efficiency variance is C I Actual Boxes produced Direct materials used in production Actual direct material cost Actual direct manufacturing labor-hours Actual direct manufacturing labor cost 11,500 2,450,000 g 36,750 euro 1,200 14,040 euro Standards Purchase price of direct materials Materials per box Wage rate Boxes per hour 0.02 euros/g 200 g 12.04 euro/hour 10 Print Done