Presented below is pension information related to Roberts Corp.for the year 2012:
$\begin{array}{l}
\begin{array}{lll}
\text { Service cost}\
\text { Interest on projected benefit obligation}\
\text { Amortization of prior service cost due }\
\text { to increase in benefits Expected return on plan assets}\
\end{array}
\begin{array}{lll}
36,000\
12,00\
6,000\
8000
\end{array}
\end{array}$
The amount of pension expense to be reported for 2012 is:
A) $46,000
B) $48,000
C) $54,000
D) $40,000

Question

Presented below is pension information related to Roberts Corp.for the year 2012:
$\begin{array}{l}
\begin{array}{lll}
  \text { Service cost}\
  \text { Interest on projected benefit obligation}\
  \text { Amortization of prior service cost due }\
  \text { to increase in benefits Expected return on plan assets}\
\end{array}
\begin{array}{lll}
36,000\
12,00\
6,000\
8000
\end{array}
\end{array}$
The amount of pension expense to be reported for 2012 is:
A) $46,000
B) $48,000
C) $54,000
D) $40,000

Quizplus · Accepted Answer

$36,000+ 12,000 + 6,000 - 8,000 = $46,000

Presented Below Is Pension Information Related to Roberts Corp The Amount of Pension Expense to Be Reported for 2012