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3 years ago

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

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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For most goods, a rise in people’s income means that there will be

Ksenya-84 [330]

C. An increase in demand.

Because people will have more money available for demanding further of those goods. Certain exceptions apply to these rule.

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3 years ago

Burgundy Manufacturing uses a process cost system and computes cost using the weighted average method. During the current period

Yanka [14]

Answer:

$55,425

Explanation:

The computation of the costs of goods transferred is shown below:

= Beginning work-in-process inventory cost + manufacturing cost added - ending work-in-process inventory cost

= $13,525 + $57,000 - $15,100

= $55,425

We simply added the Beginning work-in-process inventory cost and deduct the ending work-in-process inventory cost to the manufacturing cost so that the correct amount can come.

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3 years ago

Imagine that a researcher wants to test the hypothesis that getting married increases happiness. he finds 100 people who are mar

GuDViN [60]

Answer: This is a qualitative research design.

A qualitative research design is usually used when one wants to understand people’s experiences, that are not usually quantifiable.

This research design does not aim to build a model and predict values. Rather, <u>it’s aim is to explore and understand existing experiences. </u>

In a qualitative research design, the researcher decides the hypothesis that needs to be tested even before collecting the data. The researcher then collects the data, analyses it and interprets the results himself.

6 0

3 years ago

Read 2 more answers

The days' sales uncollected ratio is used to: Multiple Choice Estimate how much time is likely to pass before the amount of acco

olchik [2.2K]

Answer:

The days' sales uncollected ratio is used to: Estimate how much time is likely to pass before the amount of accounts receivable is received in cash

Explanation:

The days' sales uncollected ratio is an Asset Management ratio which calculates the length of time that it to collect credit from a customer and the first option is correct.

7 0

3 years ago

on january 1, 2024, howell enterprises purchases a building for $151,000, paying $41,000 down and borrowing the remaining $110,0

sashaice [31]

The transactions would debit the mortgage payment of $635.52, credit the cash account with $1,277.19, and credit the interest charge of $641.67.

<h3>A mortgage is what?</h3>

Although some lenders provide 20-year periods and others even let borrowers choose their own length, most fixed-rate mortgages have a 30-year or 15-year term. Before committing to a mortgage, homebuyers should take all available home loan options into account.

Payable Dr. Mortgage: $635.52

Dr interest expenditure $641.67 Cr cash $1,277.19

The initial payment made on the mortgage is $1,277.19, which may be divided into the principal repayment of $110,000 and the interest on the mortgage.

interest for the first month equals $110,000 * 7% * 1/12 = $641.67

Usually, the payment made consists of $635.52 ($1,277.19-$641.67) for the principal payments and $641.67 for the interest.

The entries would credit cash with $1,277.19, debit mortgage payment with $635.52, and debit interest charge with $641.67.

To learn more about mortgage payment refer to

brainly.com/question/28146849

#SPJ4

7 0

1 year ago