What is the amount of post-retirement expense


Kathy's Kittens, Inc. has provided the following information for their post-retirement benefits plan for 2013.

Service cost $475,000
Discount rate 8%
APBO, January 1, 2013 $3,800,000
EPBO, January 1, 2013 $4,100,000
Average remaining service to full eligibility 20 years
Average remaining service to expected retirement 25 years

what is the amount of post-retirement expense for 2013 ?

 

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Accounting Basics: What is the amount of post-retirement expense
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