On January 1, 2015, a company had $84,000 of unrecognized prior service cost. The years-of-future-service method of amortization is used. The company has seven employees, as indicated below: What amount of prior service cost should be included in pension expense for 2015?

Question

On January 1, 2015, a company had $84,000 of unrecognized prior service cost. The years-of-future-service method of amortization is used. The company has seven employees, as indicated below:  What amount of prior service cost should be included in pension expense for 2015?

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The Answer of On January 1, 2015, a company had $84,000 of unrecognized prior service cost. The years-of-future-service method of amortization is used. The company has seven employees, as indicated below:  What amount of prior service cost should be included in pension expense for 2015?

On January 1, 2015, a Company Had $84,000 of Unrecognized