P7-37 (book/static) Question Help 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. EB(Click the icon view the data. Read the requirements Requirement 1. Calculate the materials efficiency and price variance and the waqe and labor efficiency variances for the month of May. norder to calculate the variances complete the following table. (Round your final answer to the nearest whole number, Abbreviation used: atv quantity) X Actual input qty Requirements Actual costs X Flexible budget incurred Budgeted price Please respond to the following questions as if you were in an interview situation: variance and the wage and labor Direct materials efficiency variances for the month of June 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? Enter any number i the edit fields and then click Check Answer. Print Done 7 parts remaining Answer ore: 0 of 25 pts 6 of 6 (0 complete)v HW Score: 0%, 0 of 1 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 Boxes produced 10.000 Direct materials used in production 2,150,000 g Actual direct material cost 60.200 euro 1.100 Actual direct manufacturing labor-hours Actual direct manufacturing labor cost 12,650 euro Standards 0.03 euros/g Purchase price of direct materials Materials per box 200 g Wage rate 12.00 euro/hour Actual direct manufacturing labor cost 12,650 euro Standards 0.03 euros/g Purchase price of direct materials 200 g Materials per box 12.00 euro/hour Wage rate Boxes per hour 10