subject
Business, 28.11.2019 06:31 steven2996

Lacy construction has a noncontributory, defined benefit pension plan. at december 31, 2016, lacy received the following information: projected benefit obligation ($ in millions) balance, january 1 $ 360 service cost 60 prior service cost 12 interest cost(7.5%) 27 benefits paid (37 ) balance, december 31 $ 422 plan assets ($ in millions) balance, january 1 $ 240 actual return on plan assets 27 contributions 2016 60 benefits paid (37 ) balance, december 31 $ 290 the expected long-term rate of return on plan assets was 10%. there were no aoci balances related to pensions on january 1, 2016. at the end of 2016, lacy amended the pension formula creating a prior service cost of $12 million. required: 1. determine lacy's pension expense for 2016.pension expense :

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 00:00
Which statement about the cost of the options is true? she would save $1,000 by choosing option b. she would save $5,650 by choosing option a. she would save $11,200 by choosing option b. she would save $11,300 by choosing option a.
Answers: 2
question
Business, 22.06.2019 15:00
(a) what was the opportunity cost of non-gm food for many buyers before 2008? (b) why did they prefer the alternative? (c) what was the opportunity cost in 2008? (d) why did it change?
Answers: 2
question
Business, 22.06.2019 22:20
With q7 assume the sweet company uses a plantwide predetermined overhead rate with machine-hours as the allocation base.and for q 10,11,13,and 14,assume that the company use department predetermined overhead rates with machine-hours as the allocation bade in both departements.7. assume that sweeten company used cost-plus pricing (and a markup percentage of 80% of total manufacturing cost) to establish selling prices for all of its jobs. what selling price would the company have established for jobs p and q? what are the selling prices for both jobs when stated on a per unit basis assuming 20 units were produced for job p and 30 units were produced for job q? (do not round intermediate calculations. round your final answers to nearest whole dollar.)total price for the job for job p -job q selling price per unit for job p q . how much manufacturing overhead was applied from the molding department to job p and how much was applied to job q? (do not round intermediate calculations.) job p job q manufacturing overhead applied for job p for job q . how much manufacturing overhead was applied from the fabrication department to job p and how much was applied to job q? (do not round intermediate calculations.)job p job q manufacturing overhead applied for job p for job q . if job q included 30 units, what was its unit product cost? (do not round intermediate calculations. round your final answer to nearest whole dollar.)14. assume that sweeten company used cost-plus pricing (and a markup percentage of 80% of total manufacturing cost) to establish selling prices for all of its jobs. what selling price would the company have established for jobs p and q? what are the selling prices for both jobs when stated on a per unit basis assuming 20 units were produced for job p and 30 units were produced for job q? (do not round intermediate calculations. round your final answer to nearest whole dollar.)total price for the job p for job q selling price per unit for job p for job q
Answers: 1
question
Business, 23.06.2019 02:30
Robert just found out that he is going to be unemployed within a month because his factory has invested in a robotic factory line and his skills are no longer needed. this means that robert is . the gdp within country d has begun to decline. as a result of decreased production, thomas lost his job designing cars. this means that thomas is . raquel has just been offered a job, but she has decided not to take it because she feels her skills merit better pay and a better position. this means that raquel is .
Answers: 1
You know the right answer?
Lacy construction has a noncontributory, defined benefit pension plan. at december 31, 2016, lacy re...
Questions
question
Mathematics, 21.04.2020 00:10
question
Mathematics, 21.04.2020 00:10
question
Mathematics, 21.04.2020 00:10
Questions on the website: 13722360