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Mancuso corporation amended its pension plan

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1. Mancuso Corporation amended its pension plan on January 1, 2010, and granted $160,000 of prior service costs to its employees. The employees are expected to provide 2,000 service years in the future, with 350 service years in 2010. Compute prior service cost amortization for 2010.  

Reference no: EM131109296

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Mancuso corporation amended its pension plan : Mancuso Corporation amended its pension plan on January 1, 2010, and granted $160,000 of prior service costs to its employees.
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