Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
"The Kollar Company has a defined benefit pension plan. Pension information concerning the fiscal years 2011 and 2012 are presented below ($ in millions): Information Provided by Pension Plan Actuary: a. Projected benefit obligation as of December 31, 2010 = $1,800. b. Prior service cost from plan amendment on January 2, 2011 = $400 (straight-line amortization for 10-year average remaining service period). c. Service cost for 2011 = $520. d. Service cost for 2012 = $570. e. Discount rate used by actuary on projected benefit obligation for 2011 and 2012 = 10%. f. Payments to retirees in 2011 = $380. g. Payments to retirees in 2012 = $450. h. No changes in actuarial assumptions or estimates. i. Net gain-AOCI on January 1, 2011 = $230. j. Net gains and losses are amortized for 10 years in 2011 and 2012. Information Provided by Pension Fund Trustee: a. Plan asset balance at fair value on January 1, 2011 = $1,600. b. 2011 contributions = $540. c. 2012 contributions = $590. d. Expected long-term rate of return on plan assets = 12%. e. 2011 actual return on plan assets = $180. f. 2012 actual return on plan assets = $210. Required: 2.Prepare the journal entries for 2011 and 2012 to record pension expense.
Compute the total materials variance and the price and quantity variances - assuming the purchase price is $5.20 and the quantity purchased and used is 26,200 units.
orbit airways purchased a baggage-handling truck for 41000. suppose orbit sold truck on december 31 2008 for 28000 cash
What impact does the emphasis on special effects have on plot and character development?
Bank 3 offers you a rate of 8.75% compounded semi-annually. Bank 4 offers you an effective rate of 8.85%. Which bank would you choose?
How does a change in sales impact the contribution margin? Net income?
what is ordinarily the first step in the formation of a corporation?a. development of by-laws for the corporationb.
terry owns real estate with an adjusted basis of 600000 and a fair market value of 1.1 million. the amount of the
If cost were not an issue, describe the characteristics of your ideal computer. What would you use it for? Would you choose a handheld, portable, desktop, or workstation computer? Why?
machinery purchased for 124280 by carver co. in 2008 was originally estimated to have a life of 8 years with a salvage
information concerning operations of camping gear corporation during 2011 is as followsa. administrative expenses
the jack company is preparing its cash budget for the month of june. the following information is available concerning
on january 1 2009 heitzman company purchased the following shares as a long-term investment in available-for-sale
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd