Can't bootload ATMEGA328P-PU

CrossRoads:
The FTDI breakout board is supplying the power? MKii only monitors the power rail.

Couple things look funny:
ATmega328 0x1E 0x95 0x14 << so your avrdude.conf seems set wrong
ATmega328P 0x1E 0x95 0x0F

If you're getting 0x0000ff then the chip is not responding.

Yes the FTDI breakout board is supplying the power and the MKII is only monitoring it.

When I change the avrdude.conf to 0x1E 0x95 0x0F I get

avrdude: Device signature = 0x000000
avrdude: Yikes!  Invalid device signature.
         Double check connections and try again, or use -F to override
         this check.