question archive Based on the following data, determine the net periodic pension cost:   Service cost

Based on the following data, determine the net periodic pension cost:   Service cost

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Based on the following data, determine the net periodic pension cost:

 

Service cost ...........................................                                                                                                     $900,000

Amortization of prior service cost .....................                                                                                        120,000

Funding of prior service cost ..........................                                                                                           180,000

Expected return on plan assets ......................... 400,000

 Excess of actual return over expected return ........... 30,000

Amortization of deferred loss from prior years ......... 20,000

 Interest cost .......................................... 360,000

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