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exis [7]
3 years ago
13

Pension data for Coda Corporation included the following for the current calendar year: Service cost $ 112,000 PBO, January 1 81

0,000 Plan assets, January 1 860,000 Amortization of prior service cost 6,600 Amortization of net loss 2,600 Discount rate, 8% Expected return on plan assets, 10% Actual return on plan assets, 12% Required: Determine pension expense for the year. (Amounts to be deducted should be indicated with a minus sign.)
Business
1 answer:
spayn [35]3 years ago
4 0

Answer:

Pension expense   $100,000

Explanation:

The computation of the pension expense for the year is shown below:

Service cost   $112,000

Interest cost $64,800 ($810,000 × 8%)  

Amortization of prior service cost $6,600

Amortization of net loss $2,600

Less: Expected return on plan assets -$86,000  ($860,000 × 10%)

Pension expense   $100,000

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Article 2 of the UCC deals with the sale of ___________. It does not deal with real property (real estate), services, or propert
yawa3891 [41]

Answer:

goods, common, predominant-factor

Explanation:

Article 2 of the UCC deals with the sale of <u>GOODS</u>. It does not deal with real property (real estate), services, or property such as stocks and bonds. Thus, if the subject matter of a dispute is goods, the UCC governs. If it is real estate or services, the <u>COMMON </u>law applies. If a contract involves both goods and services, the courts generally use the <u>PREDOMINANT-FACTOR </u>test to determine whether to apply the UCC

5 0
4 years ago
Managers practice the art of getting things done using organizational resources such as: Multiple select question. information w
Zarrin [17]

The managers get things done by using organizational resources such as: such as:

  • equipment
  • workers
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<h3>What is an art of getting things done?</h3>

These involves the act of directing, organizing, coordination and guiding the organizational processes to achieve organizational goals.

Therefore, the Option A, B, D is correct.

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4 0
2 years ago
Ashland Corporation estimates its manufacturing overhead costs to be $200,000 and its direct labor costs to be $336,000 for 2020
denpristay [2]

Answer:

Allocated MOH= $99,960

Explanation:

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 200,000 / 336,000

Predetermined manufacturing overhead rate= $0.595 per direct labor dollar

<u>Now, we can allocate overhead to Product 3:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 0.595*168,000

Allocated MOH= $99,960

7 0
4 years ago
Which is the process used to determine the profitability of a product at various levels of sales. cost-based pricing break-even
Sauron [17]
Break-even analysis is the process used to determine the profitability of a product at various levels of sales. 
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4 years ago
Oliver Industries is evaluating the manufacturing process for one of their products. Oliver has determined that the process has
kifflom [539]

Answer:

b) has sunk costs of exist6,000.

Explanation:

The cost which already been incurred and does not effect the decision being made. This cost is prospective cost. It can be avoided in decision making process.

Sunk Cost

Upgradation of Equipment = $6,000

Other cost are the routine costs which incur every year and future cost which is expected to be incur.

6 0
3 years ago
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