I personally had trouble getting ASP.NET and the HTML5 family of reporting to work well with each other. I ended up creating a hybrid ASP.NET/MVC solution which actually shows the resulting report in a ASP.NET content page. All of that within a ASP.NET master page. So I know what you ask is possible.
I do not recommend the blending of ASP.NET / MVC in a high change volume website as it poses challenges to update each time Telerik updates their framework. It is an achievable end result however it takes a bit of footwork to accomplish. I suspect Telerik folks did not consider us "hybrids" in their update wizard scenario. I honestly do not blame them as I signed up for the pain in crossing the "do not cross" line.