Nichols Corporation allocates administrative costs on the basis of staff hours. Short-run monthly usage and anticipated long-run monthly usage of staff hours for Operating Departments 1 and 2 follow. Department 1 Department 2 Total Short-run usage (hours) 45,000 55,000 100,000 Long-run usage (hours) 48,000 52,000 100,000 Variable and fixed administrative costs total $180,000 and $400,000, respectively. If Nichols uses dual-cost accounting procedures, the total amount of administrative cost to allocate to Department 2 would be: Multiple Choice $301,600. $307,000. $313,600. $319,000. None of the answers is correct.