Betting out of Turn Question

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Was in a home tourney last night, friendly game, and person #1 who was not UTG announced all-in. It was then pointed out that the player was not first to act. At that point, person #2 announced all-in. Was player #1 bound by that all-in bet or was it wiped away once it was pointed out that the bet was out of turn? Would it have made a difference if player #2 said call before it was pointed out that the bet was out of turn? Not sure what the rule is to deal with this situation.