A manufacturer estimates annual conversion costs of \\( \\$ 1,925,000 \\) and plans production of 3,500 hours to make 14,700 units. The company can produce 9 units per hour. 1. Compute the conversion cost rate per hour. 2. Prepare the journal entry to apply conversion costs to an order of 720 units. Complete this question by entering your answers in the tabs below. Compute the conversion cost rate per hour. Prepare the journal entry to apply conversion costs to an order of 720 units. Journal entry worksheet Record the applied conversion costs to production. Note: Enter debits before credits