Reference no: EM136152
Webb Corp. sponsors a described benefit pension plan for its employees. On 1st January, 2012, the subsequent balances relate to this plan.
Plan assets $480,000
Projected benefit obligation 600,000
Pension asset/liability 120,000
Accumulated OCI (PSC) 100,000
As a result of the operation of the plan in 2012, the subsequent additional data are provided by the actuary.
Service cost for 2012 $90,000
Settlement rate, 9%
Actual return on plan assets in 2012 55,000
Amortization of prior service cost 19,000
Expected return on plan assets 52,000
Unexpected loss from change in predictable benefit obligation, due to change in actuarial predictions 76,000
Contributions in 2012 99,000
Benefits paid retirees in 2012 85,000
Do the pension worksheet and create the journal entries needed to reflect the above activity.
|
Prepare a properly formatted, multi-step income statement
: Prepare a properly formatted, multi-step Income Statement (i.e. showing intermediate profit lines Gross Profit, NOI, EBITDA, EBIT, EBT, and NI, as required). Per Share presentation of income data is not being requested.
|
|
Establish lawful ownership of the driveway approaches
: An appropriate action to establish his lawful ownership of the strip on which the driveway approaches to enjoin its use by Dale, and to require Dale to eliminate the overlap
|
|
Determine unit contribution margin for hawaiian fruit pizza
: Determine unit contribution margin for Hawaiian fruit pizza and Aloha seafood pizza? Evaluate the new breakeven in units and in sales dollar of each pizza?
|
|
Evaluate the degree of operating leverage for cellu
: Evaluate the degree of operating leverage for CellU. and evaluate the degree of financial leverage for CellU and determine the degree of total leverage for CellU.
|
|
Prepare journal entries needed to reflect the activity
: Do the pension worksheet and create the journal entries needed to reflect the above activity.
|
|
Health care topics & issues
: Once you have defined these challenges as well as hopefully mentioned all those factors that are both integral and necessary to manage a successful hospital operation, define in your own words your management style as well as philosophy in operat..
|
|
Cost the problems of materials
: Cost the problems of materials using LIFO and FIFO methods
|
|
Measure the value of having a supplier code of conduct
: Measure the value of having a Supplier Code of Conduct when outsourcing operational functions to international markets as well as the enforceability of such a code.
|
|
Evaluate the product factory overhead costs
: Evaluate the product factory overhead costs, using (a) the direct labor hour plant wide factory overhead rate and (b) the machine hour plant wide factory overhead rate.
|