Gate three of the rational unified process (RUP) methodology is construction and this phase includes building and developing the product.
Answer the following statement true (T) or false (F)
True
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Robin Co. has a defined benefit pension plan that has experienced differences between its expected and actual projected benefit obligation. Data on the plan as of January 1, 2016, follow: Unrecognized net gain$ 98,000 Fair value of plan assets250,000 Projected benefit obligation380,000 There was no difference between the company's expected and actual return on plan assets during 2016. The average remaining service life of the company's employees is 12 years.Required:Determine the amount of the net gain or loss to be included in pension expense for 2016 and indicate whether it is an increase or decrease in the pension expense calculation.
What will be an ideal response?
Heather Corporation issued $2,000,000, 10-percent, 10-year bonds on January 2, Year 2 . The bonds pay interest semiannually on January 1 and July 1 . The bonds were priced on the market to yield 8 percent. (CMA adapted, Dec 90 #12) Marla, Inc issued $6,000,000 of 12% bonds on December 1, Year 1, due on December 1, Year 6, with interest payable each December 1 and June 1 . The bonds sold for
$5,194,770 to yield 16%. If the discount is amortized by the effective interest method, Marla, Inc's interest expense for the fiscal year ended November 30, Year 2 related to its $6,000,000 bond issue will be a. $623,372 b. $720,000 c. $835,610 d. $881,046 e. $623,046
Factors that capture the seasonal contribution to demand in each period during the year are called ______.
A. seasonal patterns B. seasonal indices C. seasonal signals D. seasonal indicators
Petru Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: ?Total machine-hours70,000?Total fixed manufacturing overhead cost$525,000?Variable manufacturing overhead per machine-hour$2.30Recently Job P987 was completed with the following characteristics:?Number of units in the job20?Total machine-hours80?Direct materials$630?Direct labor cost$2,080Required:Calculate the unit product cost for Job P987.
What will be an ideal response?