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. 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.) Direct materials Direct labor Actual input qty Actual costs incurred 60,200 Budgeted price 64,500 Flexible budget 60,000 Data Table able - 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 Direct materials used in production 10,000 2,150,000 g Actual direct material cost 60,200 euro Actual direct manufacturing labor-hours 1,100 Actual direct manufacturing labor cost 12,650 euro Standards Purchase price of direct materials 0.03 euros/g Materials per box Wage rate Boxes per hour Print Done 200 g 12.00 euro/hour 10 Requirements 1. Please respond to the following questions as if you were in an interview situation: Requirements aterials efficiency and price variance and the wage and labor 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