Presented below is information related to Kiwi Ltd. for calendar 2020. The corporation uses IFRS. Defined benefit obligation, Jan 1 $720,000
Fair value of plan assets, Jan 1 700,000
Current service cost 90,000
Contributions to plan 125,000
Actual and expected return on plan assets 56,000
Past service costs (effective Jan 1) 10,000
Benefits paid to retirees 96,000
Interest (discount) rate 9%
The balance of the defined benefit obligation at December 31, 2020 is:.
A. $724,000.
B. $789,700.
C. $779,700.
D. $778,800.

Diversified semiconductors sells perishable electronic components. some must be shipped and stored in reusable protective containers. customers pay a deposit for each container received. the deposit is equal to the container’s cost. they receive a refund when the container is returned. during 2018, deposits collected on containers shipped were $856,000. deposits are forfeited if containers are not returned within 18 months. containers held by customers at january 1, 2018, represented deposits of $587,000. in 2018, $811,000 was refunded and deposits forfeited were $41,000. required: 1. prepare the appropriate journal entries for the deposits received and returned during 2018. 2. determine the liability for refundable deposits to be reported on the december 31, 2018, balance sheet.

Which of the following is least likely to a team solve problems together

Mordica company identifies three activities in its manufacturing process: machine setups, machining, and inspections. estimated annual overhead cost for each activity is $156,960, $382,800, and $84,640, respectively. the cost driver for each activity and the expected annual usage are number of setups 2,180, machine hours 25,520, and number of inspections 1,840. compute the overhead rate for each activity. machine setups $ per setup machining $ per machine hour inspections $ per inspection