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Determine the amount of total factory overhead to be allocated to the alarm clocks and wall clocks. Cookie Company produces parts for the auto industry. Part 2 is machined in Department #1, which has the following budgeted conversion costs: Use 2,400 hours production time .03 hours per unit to manufacture. Compute Department #1's budget cell conversion cost rate for the current year. Compute Part 2's budgeted cell conversion cost per unit