Solution-Amortization of unrecognized gain on the pension

Amortization of unrecognized gain on the pension fund

Assignment Help Cost Accounting

Reference no: EM13553629

Amortization of Unrecognized Gain on the Pension Fund

Melba Enterprises has an unrecognized gain of $425,000 relating to its pension plan as of January 1, 2008. Management has chosen to amortize this deferral on a straight-line basis over the 10-year average remaining service life of its employees, subject to the limitation of the corridor amount. Additional facts about the pension plan as of January 1, 2008, are as follows:

PBO	$2,050,000
ABO	1,900,000
Fair value of the pension fund	1,500,000
Market-related value of the pension fund (5-year weighted average)	1,350,000

Compute the minimum amortization of unrecognized gain to be recognized by Melba in 2008.

Reference no: EM13553629

Questions Cloud

Explain the carbon is described by sp2 hybridization : Which of the following statements concerning the carbon dioxide molecule is correct. a) The molecule contains two sigma bonds. b) the carbon is described by sp2 hybridization

Determine at what rate does it exhaust heat : a heat engine operating between 40 C and 380 C has an efficiency 60% of that of a Carnot engine operating between the same temperatures. at what rate does it exhaust heat

Computation of gain or loss component : Determine the proper addition (deduction) to pension expense related to the gain or loss component under each of the following independent conditions

Explain the haber process for the production of ammonia : Consider the reaction that describes the Haber process for the production of ammonia: for which Kc at 300oC is 9.5. Calculate Kp for this reaction at 300oC.

Amortization of unrecognized gain on the pension fund : Compute the minimum amortization of unrecognized gain to be recognized by Melba in 2008 - Amortization of Unrecognized Gain on the Pension Fund

Explain the peregrine falcon has been measured as traveling : The peregrine falcon has been measured as traveling up to 350 in a dive. If this falcon could fly to the Moon at this speed, how many seconds would it take

Compute the between the actual and expected return : Compute the between the actual and expected return on the pension fund. How should the difference be treated in determining pension expense for 2008? Rasband bases expected return on the market-related value of the pension fund.

How much work does it perform in each cycle : a heat engine has an efficiency of 65.0% and receives 150 J of heat per cycle. How much work does it perform in each cycle

Estimate the change of internal energy for this gas : one mole of an ideal gas at 1 atm and 0 C is compressed isothermally from 50 L to 20 L. During this process, energy is transferred out of gas. What is the change of internal energy for this gas

User Account

All Pages

Amortization of unrecognized gain on the pension fund

Reference no: EM13553629

Reference no: EM13553629

Questions Cloud

Reviews

Write a Review

Cost Accounting Questions & Answers

Cost accounting assignment

Prepare the journal entries

Advise as to the liability of all the parties

Prepare revenues budget

Effect of exchange rate changes on cash and cash

Corporate governance

Cost-benefit analysis

Non-annual interest rates and annuities

Job costing in service organizations

Accounting for bad debt expense

Accounting and partnership problems

Development of relevant cash flows

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT