Homework answers / question archive / 1  y courses / MANAGERIAL ACCOUNTING-1194 - 1 / Topic 27 / Final Exam HALA Manufacturing Company prepares master budget for the next year

1  y courses / MANAGERIAL ACCOUNTING-1194 - 1 / Topic 27 / Final Exam HALA Manufacturing Company prepares master budget for the next year

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y courses / MANAGERIAL ACCOUNTING-1194 - 1 / Topic 27 / Final Exam HALA Manufacturing Company prepares master budget for the next year. The static budget variance is equal to the sum of and Select one: O a. fixed budget variance: variable overhead variance O b. flexible budget variance: sales volume variance O c. flexible budget variance: direct labor variance O d. direct materials price variance; sales volume variance Previous page Next page Jump to ASUS

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Lawrence Company has a defined benefit pension plan. On December 31 of the current year (the end of the fiscal year), the actuary's report to the company contained the following information: Ending PBO, $115,000; benefits paid to retirees, $15,000; interest cost, $9,000. The discount rate applied to be the actuary was 9%.

What was the service cost for the year?