eAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inp Kronos-Home Plata Company has identified the following overhead activities, costs, and activity drivers for Activity Expected Cost Activity Driver Activity Capacity Setting up equipment $120,000 Number of setups 300 Ordering costs 90,000 Number of orders 9,000 Machine costs 210,000 Machine hours Plata produces two models of microwave ovens with the following activity demands: 21,000 Model X Model Y Units completed 8,000 4,000 Number of setups 200 100 Number of orders 3,000 6,000 Machine Chapter 4 Content Area 9,000 The company's normal activity is 21,000 machine hours. Calculate the total overhead cost that would be assigned to Model X using an activity-based costings Oa. 5240.000 Ob. $280.000 Oc. $190.000 Od: $230.000 Check My Work au log in on 02/03 eBook Print Item Investment Premium Amortization Schedule Instructions Chart of Accounts General Journal Analysis Instructions On January 1, 2018, Lynch Company acquired 13% bonds with a face value of $50,000 The bonds pay interest on June 30 and December 31 and mature on December 31, 2020. Lynch paid $51,229.35, a price that yields a 12% effective annual interest rate Required: 1. Record the purchase of the bonds 2. Prepare an investment interest income and premium amortization schedule using the effective interest method 3. Record the receipts of interest on June 30, 2018, and December 31, 2020 Chart of Accounts CHART OF ACCOUNTS Lynch Company General Ledger ASSETS 111 Cash 121 Accounts Receivable 141 Inventory 152 Prepaid Insurance 181 Equipment 189 Accumulated Depreciation REVENUE 411 Sales Revenue 431 Interest income 434 Gain on Sale of investment EXPENSES 500 Cost of Goods Solo