The carrasco company has provided you the following information pertaining to its defined benefit pension plan that was adopted on january 1, 2018:
the service cost was $750,000 during 2018 and $1,125,000 during 2019.
the contribution to the pension plan was $600,000 on december 31, 2018 and $1,200,000 on december 31, 2019.
the actuarially determined discount rate and the expected return on plan assets are both 10%.
the actual return on plan assets was 10.5%.
retirement benefits pertaining to years of service prior to 2018 were not granted to the employees.
what is the pension expense for the year ended december 31, 2019?
$1,140,000
$1,065,000
$1,200,000
$1,137,000

Laval produces lamps and home lighting fixtures. its most popular product is a brushed aluminum desk lamp. this lamp is made from components shaped in the fabricating department and assembled in the assembly department. information related to the 22,000 desk lamps produced annually follows.direct materials $280,000direct labor fabricating department (8,000 dlh × $24 per dlh) $192,000assembly department (16,600 dlh × $26 per dlh) $431,600machine hours fabricating department $15,200mhassembly department $20,850mhexpected overhead cost and related data for the two production departments follow.fabricating assemblydirect labor hours 150,000dlh 295,000dlhmachine hours 161,000mh 128,000mhoverhead cost $400,000 430,000required1. determine the plantwide overhead rate for laval using direct labor hours as a base.2. determine the total manufacturing cost per unit for the aluminum desk lamp using the plantwide overhead rate.3. compute departmental overhead rates based on machine hours in the fabricating department and direct labor hours in the assembly department.4. use departmental overhead rates from requirement 3 to determine the total manufacturing cost per unit for the aluminum desk lamps.