Gibson 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	$	5.70	per pound
Labor quantity per unit		2	hours
Labor price	$	9.70	per hour

During the year, the company made 1,940 units of product. At the end of the year, the following variances had been calculated.

Materials usage variance	$	855	Favorable
Materials price variance	$	179	Unfavorable
Labor usage variance	$	2,619	Unfavorable
Labor price variance	$	2,905	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.)