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What percentage of the total prior service cost

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Reference no: EM132923716

Question - On January 2, 2016, Carver Company granted the recognition of prior service costs to a new group of employees that just joined the company. The remaining years of service for the employees are projected to be as follows:

Employee 1 5 years

Employee 2 3 years

Employee 3 2 years

What percentage of the total prior service cost (using the years-of-service-method) will Carver amortize in 2018?

a. 60%

b. 30%

c. 20%

d. 10%

e. none of the above

Reference no: EM132923716

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