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1. How much is Employee Benefit Expense? 2. How much is Net remeasurement gain? 3. How much is the ending balance of Accrued-benefit-cost at year-end?


1. How much is Employee Benefit Expense?


2. How much is Net remeasurement gain?


3. How much is the ending balance of Accrued-benefit-cost at year-end?

The related data of Mexico Company: At the beginning of the current year, the memorandum of records show the following information: Fair value of Plan Assets Projected benefit obligation Prepaid /Accrued benefit-cost During the current year, the following transactions are: Current service cost Past service cost 475,000 Actual return on plan assets Contribution to the plan P7,250,000 7,500,000 P-250,000 Benefits paid Actuarial gain due to decrease in PBO Discount rate Expected rate of return P980,000 875,000 1,000,000 790,000 200,000 12% 10%

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