Johnny Co. operates under the lean philosophy. As a result, it has a production cell for its power drills. The conversion costs for 4,000 hours of production is budgeted for the year at $2,400,000. During January, 2,000 units were started and completed. Each drill requires 12 minutes of cell production time. (a) Determine the budgeted cell conversion costs per hour (b) Determine the conversion manufacturing costs per unit.