ABC Company's pension expense for 2010 is: Service cost ........... $30,000 Interest cost ........... $18,000 Actual return

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ABC Company's pension expense for 2010 is:

Service cost ........... $30,000

Interest cost ........... $18,000

Actual return on plan assets .... $15,000

Beginning of year plan assets ....$200,000

Settlement rate ......... 8%

Expected return on plan assets .. 8%

a. $30,000

b. $32,000

c. $33,000

d. $48,000

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Intermediate Accounting

ISBN: 978-0324659139

11th edition

Authors: Loren A. Nikolai, John D. Bazley, Jefferson P. Jones

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Question Posted: May 14, 2012 04:42 AM

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ABC Company's pension expense for 2010 is: Service cost ........... $30,000 Interest cost ........... $18,000 Actual return

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Computation of the pension expenses for 2010 c 33...View the full answer

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