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umka2103 [35]
3 years ago
10

The service cost component of pension expense for 2015 is $890,000 and the amortization of prior service cost due to an increase

in benefits is $180,000. The settlement rate is 10% and the expected rate of return is 8%. What is the amount of pension expense for 2015?

Business
1 answer:
erica [24]3 years ago
4 0

Answer:

amount of pension expense = $1,730,000

Explanation:

given data

pension expense = $890,000

benefits = $180,000

settlement rate = 10%

expected rate of return = 8%

to find out

amount of pension expense

solution

we get here amount of pension expense that is express as

amount of pension expense = pension expense + benefits + 10% of projected benefit  + 8% of pension assets  ................1

from attach file we get these

put here value we get

amount of pension expense =  $890,000 + $180,000 + 10% of $11,400,000  + 8% of $6,000,000

amount of pension expense = $1,730,000

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Asper Corporation has provided the following data for February. Denominator level of activity 7,700 machine-hours Budgeted fixed
Brrunno [24]

Answer:

Asper Corporation has provided the following data for February. Denominator level of activity 7,700 machine-hours Budgeted fixed manufacturing overhead costs $ 266,420 Fixed component of the predetermined overhead rate $ 34.60 per machine-hour Actual level of activity 7,900 machine-hours Standard machine-hours allowed for the actual output 8,200 machine-hours Actual fixed manufacturing overhead costs $ 259,960 The budget variance for February is $6,460 Favorable.

Explanation:

Budgeted fixed manufacturing overhead cost = $266,420.

Actual fixed manufacturing overhead costs  = $259,960

The budget variance for February is calculated as below:

Budget Variance = Actual Fixed Manufacturing Overheads - Budgeted Fixed Manufacturing Overheads

Budget Variance =$259,960 - $ 266,420.

Budget Variance = -$6,460

Budget Variance = $6,460 Favorable

7 0
3 years ago
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Gre4nikov [31]

Answer:

Correct answer is TRUE

Explanation:

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3 0
3 years ago
Keegan, a distribution specialist, has been looking for ways to improve the flow of parts and materials from his company's wareh
bezimeni [28]

Answer:

The correct answer is letter "A": True.

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3 years ago
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Answer:

an indeterminate effect on equilibrium quantity and a fall in equilibrium price.

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A normal good is a good whose demand increases when income increases and falls when income falls.

If income falls and the good is a normal good, demand would fall. This would lead to a fall in price and quantity.

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The combined effect would an indeterminate effect on equilibrium quantity and a fall in equilibrium price.

I hope my answer helps you

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3 years ago
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Limited amounts of food available because items are sold out.

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