Consider the following information attributed to the material management department Budgeted usage of materials-handling labor-hours 3,500 Budgeted cost pools: Fixed costs $164,500 Variable costs $126,000 (3,500 hours x $36 per hour) The company uses the single-rate method to allocate support costs to the Machining and Assembly Departments. Assuming that the actual hours tracked in the Machining and Assembly department are 400 for the month, what would be the allocation rate and how much cost would be allocated to the Machining and Assembly Department for the operations of the month? (Round fina answers to the nearest dollar.) OA. $83 an hour for a total of $33,200 OB. $726 an hour for a total of $83 OC. $36 an hour for a total of $33,200 OD. $36 an hour for a total of $14,400