The following data relate to the operation of Kramer Co.'s pension plan in 2021. The pension worksheet for 2020 is provided in P20.10. Service cost $59,000
Actual return on plan assets 32,000
Amortization of prior service cost 28,000
Annual contributions 51,000
Benefits paid retirees 27,000
Average service life of all employees 25 years
For 2021, Kramer will use the same assumptions as 2020 for the expected rate of returns on plan assets. The settlement rate for 2021 is 10%.
Instructions
Prepare a pension worksheet for 2021 and accompanying computations and amortization of the loss, if any, in 2021 using the corridor approach.
Prepare the journal entries (from the worksheet) to reflect all pension plan transactions and events
at December 31.
Indicate the pension amounts reported in the financial statements.

Alocal club is selling christmas trees and deciding how many to stock for the month of december. if demand is normally distributed with a mean of 100 and standard deviation of 20, trees have no salvage value at the end of the month, trees cost $20, and trees sell for $50 what is the service level?

Galwaysc electronics makes two products. model a requires component a and component c. model b requires component b and component c. new versions of both models are released each year with updated versions of all components. all components are sourced overseas, and abc contracts annually for a quantity of each component before seeing that year’s demand. components are only assembled into finished products once demand for each model is known. for the coming year, alwaysc’s purchasing manner has proposed ordering 500,000 units of component a, 630,000 of component b, and 1,000,000 units of component c. her boss has asked why she has recommended purchasing so much of components a and b when alwaysc will not have enough of component c to fully use all of the inventory of a and b. what factors might the purchasing manager cite to explain her recommended order? explain your reasoning.

The market demand curve for a popular teen magazine is given by q = 80 - 10p where p is the magazine price in dollars per issue and q is the weekly magazine circulation in units of 10,000. if the circulation is 400,000 per week at the current price, what is the consumer surplus for a teen reader with maximum willingness to pay of $3 per issue?