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vlada-n [284]
3 years ago
6

Pension data for Sterling Properties include the following:

Business
1 answer:
const2013 [10]3 years ago
5 0

Answer:

$94

Explanation:

Given that,

Service costs = $ 138

Interest rate = 9%

Expected return on plan assets = 13%

Actual return on plan assets = 14%

Amortization of prior service cost = $8

Amortization of net loss = $1

Pension expense for 2018:

= Service costs + Interest cost + Amortization of prior service cost + Amortization of net loss - Expected return on plan assets

= $138 + ($500 × 5%) + $8 + $1 - (13% × $600)

= $138 + $25 + $8 + $1 - $78

= $94

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Narver Corporation uses the weighted-average method in its process costing system. Operating data for the Lubricating Department
Karo-lina-s [1.5K]

Answer:

44,780 units

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3 years ago
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Answer:

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3 years ago
Avocado Company has an operating income of $80,000 on revenues of $1,000,000. Average invested assets are $500,000 and Avocado C
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Answer:

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