A manufacturer estimates annual conversion costs of $1,120,000 and plans production of 2,800 hours to make 14,000 units. The company can produce 10 units per hour. 1. Compute the conversion cost rate per hour. 2. Prepare the journal entry to apply conversion costs to an order of 640 units. Complete this question by entering your answers in the tabs below. Compute the conversion cost rate per hour. QS D-8 Conversion cost rate LO P1 A munutacturer essmates annubl corveision costs of $120,000 and plans production of 2,800 hours to make 14000 unts. The. compeny can produce 10 units per heur. 1. Compute the comversion cost rate per hout 2. Prepare the joutral entry to apply comvesion cots to an onder of 640 unis Cemplete this question by entering your answers in the tabs belew. Frepare the foumal entryta apply cenversion casts to af order of 640 unts Journal entry worksheet Fecerd the applied canversion costs to ereductisn. hele porer desh beten ereat