I just need the answer to number 3, I figured out 1 and 2. Please explain how yo
ID: 2379745 • Letter: I
Question
I just need the answer to number 3, I figured out 1 and 2. Please explain how you got the anser too so I understand. Thank you!!
The following data are available pertaining to Household Appliance Company's retiree health care plan for 2013:
What is the accumulated postretirement benefit obligation at the beginning of 2013?
What is interest cost to be included in 2013 postretirement benefit expense?
What is service cost to be included in 2013 postretirement benefit expense?
I just need the answer to number 3, I figured out 1 and 2. Please explain how you got the anser too so I understand. Thank you!!
The following data are available pertaining to Household Appliance Company's retiree health care plan for 2013:
Explanation / Answer
Service Cost: 2120
EPBO(53000)*(1/25)