O&G Company manufactures console tables and uses an activity-based costing system to allocate all manufacturing conversion costs. Each console table consists of 30 separate parts totaling $250 in direct materials and requires 7 hours of machine time to produce. Additional information follows: Activity Materials handling Machining Assembling Packaging Allocation Base Number of parts Machine hours Number of parts Number of finished units What is the cost of machining per console table? Cost Allocation Rate $3.00 per part $5.20 per machine hour $2.00 per part $2.00 per finished unit A. $36.40 OB. $14.00 C. $156.00 D. $60.00