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1 Pension data for Manu Services Inc. include the following: Discount rate Expected return on plan assets 7% 9% Actual return on plan assets Service
1 Pension data for Manu Services Inc. include the following: Discount rate Expected return on plan assets 7% 9% Actual return on plan assets Service cost, 2020 10% 298780 Accumulated benefit obligation 1/1/20 1595580 Projected benefit obligation 1/1/20 2361690 Plan assets (fair value) 1/1/20 2863540 Prior service cost-AOCI 1/1/20 324079 Net gain-AOCI 1/1/20 297019 2020 Cash contributions to pension fund 260659 2020 Benefit payments to retirees 289773 On average, employees' remaining service life with the company is 10 years When recording the pension expense for 2020 for Manu, PBO will be credited for $ Correct Answer: 464,098 5 0 out of 0.5 points
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