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You have been invited to interview for an intership with an international food manufacturing company. When you amive for the interview, you are given
You have been invited to interview for an intership with an international food manufacturing company. When you amive for the interview, you are given the folowing information related to a fictitious Belgian chocolatier for the mon (Click the icon to view the data) June Read the requirements Label each amount as favorable (F) or unfavorable (U) ((Round all intermediary calculations and your final answers to the nearest whole number) The materials efficiency variance is The materiais price variance is The labor efficiency variance is The labor price variance Requirement 2. 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 The materials price and efficiency variances could be an indication that the company purchased expensive ingredients of quality, which resubed in than the standard number of rejected units. The labor prim work pace and than normal amount of rejects or waste Perhaps variance suggests that experienced workers may have worked more, resulting in a The company should determine the cause of the rejects. The cause could be problem, employees may be will help. If rejects are not the
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