Chester West Shoes, Inc , provided the following information regarding its defined benefit pension plan service cost, $ 257,000 interest on the beginning PBO, $ 121,000 expected return on plan assets, $ 56,000 amortization of prior service costs related to unvested employees, $ 24,000 and amortizat...

Components of Pension Cost Amount Service cost 257000 Int ...

Chester West Shoes, Inc., provided the following information regarding its defined-benefit pension plan: service cost, $ 257,000;

Question:

Chester West Shoes, Inc., provided the following information regarding its defined-benefit pension plan: service cost, $ 257,000; interest on the beginning PBO, $ 121,000; on plan assets, $ 56,000; amortization of prior service costs related to unvested employees, $ 24,000; and amortization of net actuarial gain, $ 87,000. Based on this information, compute the pension cost for the year. Expected Return
The expected return is the profit or loss an investor anticipates on an investment that has known or anticipated rates of return (RoR). It is calculated by multiplying potential outcomes by the chances of them occurring and then totaling these...