User Account

All Pages

Describe three components in the net post employment costs

Assignment Help Accounting Basics
Reference no: EM13846839

In its 2013 annual report to shareholders, Marianne James Companies Inc. (MJCI) disclosed the following information regarding its post employment benefit plans: The Company and certain of its affiliates sponsor post employment benefit plans covering substantially all salaried and certain hourly employees. The cost of these plans is charged to expense over the working life of the covered employees. Net post employment costs consisted of the following for the years ended December 31, 2013, 2012, and 2011: The company instituted workforce reduction programs in its North American food operations in 2011. These actions resulted in incremental post employment costs, which are shown as other expense above.

Required: Describe the three components in the net post employment costs disclosed by MJCI.

Reference no: EM13846839

Questions Cloud

Write a coherent research paper : Choose a topic, formulate a descriptive title, and write a coherent research paper that will incorporate the following points: Define the problem, Research question and Needs (significance)
Find the cdf and pdf of y in the terms : Let Y = eX. (a) Find the cdf and pdf of Y in the terms of the cdf and pdf of X. (b) Find the pdf of Y when X is a Gaussian random variable. In this case Y is said to be a lognormal random variable. Plot the pdf and cdf of Y when X is zero-mean with..
What are five components of postretirement benefit expense : What are the five components of postretirement benefit expense?
Finding the annual tax rate of a county : I'm having a difficult time finding the annual tax rate of a county. Now, I took the purchase value of the property (415,000), divided it by 1,000 and multiplied that by the total consolidated tax rate (745.20). The end result = $308,013.00
Describe three components in the net post employment costs : In its 2013 annual report to shareholders, Marianne James Companies Inc. (MJCI) disclosed the information. Describe the three components in the net post employment costs disclosed by MJCI.
What do we know about mark community : As you read the Gospel of Mark, compile a list of at least 10 complete passages that focus on Jesus' twelve disciples (in which stories is the focus/spotlight on the disciples?). What do we know about Mark's community
Prepare the appropriate journal entry to record gain or loss : Prepare the appropriate journal entry to record any 2013 gain or loss. (Ignore income taxes.) If Open Arms prepares its financial statements according to U.S. GAAP, how will the company report the gain or loss?
Prepare a preliminary report for the project : Prepare a preliminary Report for the project. The council will rely on your expertise to return the site into a safe community park. Your task is to control the site, run earth works operations (fill 35 x 85 x 65 meter deep hole).
What are the characteristics of marketing channels : What are the characteristics of marketing channels? What 3 factors should be considered when designing one? Describe an organization's (that is familiar to you) marketing channel.

Reviews

Write a Review

Accounting Basics Questions & Answers

  On july 1 2016 apache company a real estate developer sold

on july 1 2016 apache company a real estate developer sold a parcel of land to a construction company for 3000000. the

  Lexicon inc had beginning inventory in march consisting of

lexicon inc. had beginning inventory in march consisting of 15000 units 60 percent converted and ending inventory

  A firm has 15000 in net income and the value of the firm

a firm has 15000 in net income and the value of the firm is 100000.what is the firms roe if it the firm is just

  Nulymade inc computed an overhead rate for machining costs

nulymade inc. computed an overhead rate for machining costsof 10 per machine hour. machining costs are driven by

  Fletcher inc produces hair brushes the selling price is 20

fletcher inc. produces hair brushes. the selling price is 20 per unit and the variable costs are 8 per brush. fixed

  Concept of unit contribution margin

If fixed costs are $700.000 and the unit contribution margin is $14, what amount of units must be sold in order to realize an operating income of $100.000

  Raphael restaurant is considering the purchase of a 8400

raphael restaurant is considering the purchase of a 8400 souffleacute maker. the souffleacute maker has an economic

  The formulation of accounting standards

Why should share prices have a greater reaction to the profit announcements released by small firms compared with those released by large firms? Do you think this research has any implication for 'measurement' issues in accounting or for the f..

  Which of the following is least likely to be the possible

which of the following is least likely to be a possible cause of book-to-physical differences in inventory quantities?a

  Winthrop manufacturing produces a product that sells for

1. winthrop manufacturing produces a product that sells for 50.00. fixed costs are 260000 and variable costs are 24.00

  Examine the following book-value balance sheet for

examine the following book-value balance sheet for university products inc. the preferred stock currently sells for 15

  Leslie sporting goods is a locally owned store that

nbspleslie sporting goods is a locally owned store that specializes in printing team jerseys. the majority of its

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd