1. Labor and Materials Variances

Standard direct-labor rate $ 15.00

Actual direct-labor rate $ 11.50

Standard direct-labor hours 10,000

Direct-labor quantity variance-unfavorable $ 9,000

Standard unit price of materials $ 4.60

Actual quantity purchased and used 2,500

Standard quality allowed for actual production 1,850

Materials purchase price variance favorable $ 500

1. Compute the actual hours worked, rounded to the nearest hour.
2. Compute the actual purchase price per unit of materials, rounded to the nearest penny