subject
Business, 24.04.2020 21:27 shymitch32

Presented below is information related to the pension plan of Vector Inc. for the year 2018. $ The projected benefit obligation at the beginning of the year are $8,000. $ At the beginning of the period, the market related asset value and the fair value of pension plan assets were both $7,200. At the end of the year, the fair value of pension plan assets were $9,300. $ The contribution made to the pension fund in 2018 was $850 and the pension plan paid benefits of $210 in 2018 $ The settlement (discount) rate is 7% and the expected return on plan assets is 6%. $ The service cost of pension expense is $1,300 using the projected benefits approach $ The company had an unrecognized net losses at the beginning of the period of $900 and unrecognized prior service costs at the beginning of the year of $400. The average remaining service life (used for amortization of prior service costs and unrecognized net gain or loss) is 10 years. You may use the sample pension worksheet but it is not required. If you do not use the worksheet, be sure to show your work in some other way if you want to earn partial credit. Pension Expense included in total compensation expense for 2018 is Pension-related expenses included in other income (expense) for 2018 are (show all amounts individually with increases in income being positive numbers and decreases in income as negative numbers):

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 03:30
Sarah salesrep is brand new to her job selling "lifetime" printers that never need replacement ink cartridges. the problem is that these printers cost ten times more than a regular printer, so it is difficult to get prospective buyers to understand the cost savings of buying it. to break through the barrier and begin making sales, sarah should use a analysis that highlights her printer's lower cost.
Answers: 3
question
Business, 22.06.2019 11:30
Marta communications, inc. has provided incomplete financial statements for the month ended march 31. the controller has asked you to calculate the missing amounts in the incomplete financial statements. use the information included in the excel simulation and the excel functions described below to complete the task
Answers: 1
question
Business, 22.06.2019 17:00
Zeta corporation is a manufacturer of sports caps, which require soft fabric. the standards for each cap allow 2.00 yards of soft fabric, at a cost of $2.00 per yard. during the month of january, the company purchased 25,000 yards of soft fabric at $2.10 per yard, to produce 12,000 caps. what is zeta corporation's materials price variance for the month of january?
Answers: 2
question
Business, 22.06.2019 18:30
Amanufacturer has paid an engineering firm $200,000 to design a new plant, and it will cost another $2 million to build the plant. in the meantime, however, the manufacturer has learned of a foreign company that offers to build an equivalent plant for $2,100,000. what should the manufacturer do?
Answers: 1
You know the right answer?
Presented below is information related to the pension plan of Vector Inc. for the year 2018. $ The p...
Questions
question
Mathematics, 22.07.2019 21:10
Questions on the website: 13722361