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NorthEastern Logistics Inc. has PBO balance of $450,000 and Plan Assets balance of $ 420,000 on Jan 1, 2015. Actuarial valuation of PBO at Dec 31, 2013 was $520,000. Service cost for 2015 was $20,000 and expected rate of return and settlement rate was 10%. Assuming that expected and actual return were same, how much NorthEastern should report as OCI Gain/Loss for 2015
Unexpected Gain of $5,000
Unexpected Loss of $5,000
Unexpected Loss of $70,000
None of the above
What is the new breakeven point if the variable cost increases to $25 per customer per month? c. If 20,000 subscribers will drop their service because of the monthly fee increase in Part (b), will the company still be profitable?
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A fitness center receives a total of $22,000 for new membership fees. The memberships are activated the next fiscal year. Answer from the fitness center's standpoint.
prepare a cash budget and a schedulenbsp of expected cash collections for the data furnished below.jodi horton
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Illustrate what would Ortiz report as total revenue in a single-step income statement?
Harrison Company makes two products and uses a conventional costing system in which a single plant-wide predetermined overhead rate is computed based on direct labor-hours. The company’s manufacturing overhead cost for the year is expected to be $576..
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