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olganol [36]
3 years ago
5

The service cost component of a defined benefit pension plan is computed as the:

Business
1 answer:
mote1985 [20]3 years ago
5 0

Answer: The service cost component of a defined benefit pension plan is computed as the: <em><u>Present value of the change in pension liability from additional employee service. </u></em>

The service cost of a defined benefit pension plan is the change in the pension liability caused by one additional year of employee service. Also an expected return on pension plan assets does not cause an increase in the pension expense for a defined benefit plan.

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Crazy Coasters Amusement Park sells admission tickets for $ 70.00 per person for one visit. Variable costs are $ 15.00 per visit
docker41 [41]

Answer:

The month operating income is projected to be $7,890,000

Explanation:

The computation of operating income for 198,000 visitors

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Variable costs($15*198,000)      ($2,970,000.00)

Contribution margin                     $ 10,890,000.00  

Fixed costs                                    ($3,000,000.00)

Projected operating income        $7,890,000.00

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Overall Crazy Coasters Amusement Park would likely record an operating income of $7,890,000 during the month

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The Board of Governors of the Federal Reserve a. members are appointed to four-year terms by the President and confirmed by the
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