Solution-Compute the 2008 actual return

Compute the 2008 actual return

Assignment Help Cost Accounting

Reference no: EM13553623

Computation of Actual Return on the Pension Fund

Longlee Electrical Company maintains a fund to cover its pension plan. The following data relate to the fund for 2008:

January 1	FVPF	$875,000
	Market-related value of the pension fund
	(5-year weighted average)	715,000
During year	Pension benefits paid	62,000
	Contributions made to the fund	70,000
December 31	FVPF	980,000
	Market-related value of the pension fund
	(5-year weighted average)	730,000

Compute the 2008 actual return on the pension fund for Longlee Electrical.

Reference no: EM13553623

Questions Cloud

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

Explain reaction between pyridine and propanoic acid : Draw the structures of the products of the neutralization reaction between pyridine and propanoic acid. Include lone pairs on the appropriate atoms.

Compute the 2008 actual return : Compute the 2008 actual return on the pension fund for Longlee Electrical - Longlee Electrical Company maintains a fund to cover its pension plan.

Find the temperature of the gas and the rms speed : A volume of nitrogen gas has a density of 1.15 kg/m3 and a pressure of 1.07 atm. Find the temperature of the gas and the rms speed of its molecules

Explain aqueous solutions of lead nitrate and barium iodide : The following molecular equation represents the reaction that occurs when aqueous solutions of lead(II) nitrate and barium iodide are combined. Pb(NO3)2(aq) + BaI2(aq) PbI2(s) + Ba(NO3)2(aq)

What is the resistance of the gold wire : Two wires are identical, except that one is aluminum and one is gold. The aluminum wire has a resistance of 0.18 ?. What is the resistance of the gold wire

Estimate how far can the plank be moved : A 10-m plank is being moved by rolling it over two cylindrical logs placed 2 m from either end of the plank. How far can the plank be moved before the rear log reaches the end of the plank

User Account

All Pages

Compute the 2008 actual return

Reference no: EM13553623

Reference no: EM13553623

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