Brompton Ltd.is evaluating amendments to its pensions plans.Plan 1 covers its salaried employees and Plan 2 provides benefits to its hourly workers.On January 1, 2012, Brompton will grant employees in Plan 2 additional pension benefits of €318,000 based on their past service.Employees in this plan have an average period to vesting of 6 years.Plan 1 will be amended to reduce benefits by €160,000 (in exchange, employees will receive increased contributions to the company's defined contribution plan) .Employees in this plan have an average period to vesting of 5 years.What is the total unrecognized past service cost amortization for 2012?
A) €43,455
B) €85,000
C) €36,933
D) €21,000
Correct Answer:
Verified
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