Fanning Manufacturing Company produces a single product. The following data apply to the standard cost of materials and labor associated with making the product:

Materials quantity per unit		1	pound
Materials price	$	5.40	per pound
Labor quantity per unit		2	hours
Labor price	$	9.40	per hour

During the year, the company made 1,880 units of product. At the end of the year, the following variances had been calculated.

Materials usage variance	$	648	Favorable
Materials price variance	$	176	Unfavorable
Labor usage variance	$	2,256	Unfavorable
Labor price variance	$	2,600	Favorable

Required

1. Determine the actual amount of materials used.

2. Determine the actual price paid per pound for materials. (Round your answer to 2 decimal places.)

3. Determine the actual labor hours used.

4. Determine the actual labor price per hour. (Round your answer to 2 decimal places.)