The following direct materials and direct labor data pertain to the operations of Oriole Company for the month of August. Actual labor rate Costs $15 per hour Actual materials price $190 per ton Standard labor rate $14.50 per hour Standard materials price $193 per ton Quantities Actual hours incurred and used Actual quantity of materials purchased and used Standard hours used Standard quantity of materials used 4,600 hours 1,700 tons 4.650 hours 1,680 tons