Solution-Compute the between the actual and expected return

Compute the between the actual and expected return

Reference no: EM13553627

Return on the Pension Fund-Expected and Actual

Rasband Photography has a pension plan covering its 100 employees. Rasband anticipates a 11% return on its pension fund. The fund trustee furnishes Rasband with the following information relating to the pension fund for 2008:

January 1	FVPF	$1,500,000
	Market-related value of the pension fund
	(5-year weighted average)	1,350,000
During year	Actual return on the pension fund	110,000
December 31	FVPF	1,620,000
	Market-related value of the pension fund
	(5-year weighted average)	1,480,000

Compute the difference 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.

Reference no: EM13553627

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Compute the between the actual and expected return

Reference no: EM13553627

Reference no: EM13553627

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