Hobo Trains manufactures and sells trains to many different retail outlets, and has developed the following standard costs for each train Direct materials: 20 sq ft. of sheet metal per train 5.75 per sq. ft. $ 15.00 Direct labor: 5 hrs per train at $10 per hours 50.00 Variable Overhead: 8 Machine hours at $5 per MHS 40,00 Fixed overhead: ($90,000/3,000 unit) $ 30.00 Standard Cost per unit$135.00 Hobo Trains planned and produced 2.500 trains. Actual results were: Purchased and used 60,000 feet of material at a total cost of $51.000 Total Direct Labor Cost was $114,000 for 12.000 hours Variable Overhead was $92.250 for 20,500 machine hours Fixed Overhead was 593,000 Calculate the direct materials, direct labot, and variable overhead variances. In addition, calculate the foxed overhead price variance and enter all the final answers in the boxes that follow below Variance Type Amount: Favorable (F/Unfavorable (U) Direct materials price variance Direct materials quantityvariance Direct labor rate variance Direct labor efficiency variance Variable of price variance Variable OH efficiency variance Fixed OH price variance