Question: Question Completion Status: Moving to another question will save this response. Question 70 Question 7 0.5 points 5 Pension data for Manu Services Inc. include
Question Completion Status: Moving to another question will save this response. Question 70 Question 7 0.5 points 5 Pension data for Manu Services Inc. include the following: Discount rate 7% Expected return on plan assets 9% Actual return on plan assets 8% Service cost, 2016 235,950 Accumulated benefit obligation 1/1/16 1,760,910 Projected benefit obligation 1/1/16 2,396,600 Plan assets (fair value) 1/1/16 2,855,720 Prior service cost-AOCI 1/1/16 297,356 Net gain-AOCI 1/1/16 250,782 2016 Cash contributions to pension fund 289,323 2016 Benefit payments to retirees 287,509 On average, employees' remaining service life with the company is 10 years When recording the pension expense for 2016 for Manu, Pension Exponse will be debited for $ Moving to another question will save this response. Question 7 of 10 MacBook Air
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