HOME: Food Foody Restaurant provides meal for all of its staff in its 4 chains. Chain 1, Chain 2, Chain 3 and Chain 4. Food Foody has prepared its total budget using the following information for the next year:- Fixed Costs $300,000 Budgeted Number of Plates:- Variable Costs $1.20 per plate Chain 1: 250,000 Plates Chain 2: 350,000 plates Available capacity 2,000,000 plates Chain 3: 450,000 Plates Chain 4: 550.000 plates Instructions: Assuming that the single-rate method is used and the allocation base is budgeted number of plates. How much meal cost will be allocated to Chain 1, Chain 2, Chain 3 and Chain 4