Benefit obligation, 1 January 20X6 Current service cost for 20X6 SFP Accrued net OPEB liability, 1 January, 20X6 Accumulated OCI, OPEBS, 1 January 20X6, loss Fund assets, 1 January 20X6 Contributions to the benefit fund for 20X6 - paid 1 April Benefit payments to retired employees for 20X6 evenly over year $ 77,000 20,000 15,000 31,000 62,000 9,800 16,000
Benefit obligation, 1 January 20X6 Current service cost for 20X6 SFP Accrued net OPEB liability, 1 January, 20X6 Accumulated OCI, OPEBS, 1 January 20X6, loss Fund assets, 1 January 20X6 Contributions to the benefit fund for 20X6 - paid 1 April Benefit payments to retired employees for 20X6 evenly over year $ 77,000 20,000 15,000 31,000 62,000 9,800 16,000
Chapter19: Deferred Compensation
Section: Chapter Questions
Problem 35P
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Question
![Benefit obligation, 1 January 20X6
Current service cost for 20X6
SFP Accrued net OPEB liability, 1 January, 20X6
Accumulated OCI, OPEBS, 1 January 20X6, loss
Fund assets, 1 January 20X6
Contributions to the benefit fund for 20X6-paid 1 April
Benefit payments to retired employees for 20X6 evenly over year
Actual return on fund assets
Yield rate on long-term corporate bonds
$ 77,000
20,000
15,000
31,000
62,000
9,800
16,000
350
7
%
With this information, how would i calculate projected obligation? OPEB expense? Net OPEB? Accumulate OCI OPEB?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0ec1ef39-8934-420d-92fd-ecf1f0ee1e9f%2Fb794a505-f140-429c-b1e4-03e2b827372f%2Fnviah0l_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Benefit obligation, 1 January 20X6
Current service cost for 20X6
SFP Accrued net OPEB liability, 1 January, 20X6
Accumulated OCI, OPEBS, 1 January 20X6, loss
Fund assets, 1 January 20X6
Contributions to the benefit fund for 20X6-paid 1 April
Benefit payments to retired employees for 20X6 evenly over year
Actual return on fund assets
Yield rate on long-term corporate bonds
$ 77,000
20,000
15,000
31,000
62,000
9,800
16,000
350
7
%
With this information, how would i calculate projected obligation? OPEB expense? Net OPEB? Accumulate OCI OPEB?
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