Tina Company Had the Following Information Related to Its Pension

question 8

Essay

Tina Company had the following information related to its pension plan:
$\begin{array}{|l|l|l|l|}\hline&\text { Beginning of }\\\hline2010&2011&2012\\\hline \text { Projected benefit obligation } & \$ 6,000 & \$ 7,990 & \$ 9,200 \\ \hline \text { Plan assets } & 8,400 & 8,700 & 8,800 \\\hline \text { Urrecognized net lossreported by actuary } & & 990 & \\\hline\end{array}$
The average remaining service life = 3 years
An additional unrecognized net loss of $990 was reported as of January 1, 2011 (see table).This amount has been included in the January 1, 2011.projected benefit obligation balance.
Required:
Compute the amount of unrecognized loss that should be included in pension expense in:
a. 2011
b. 2012

---

Definitions:

Retrieve From Memory

The process of recalling stored information from the brain or digital storage systems.

Dynamic Pricing

A pricing strategy where prices are adjusted in real time based on market demand, supply conditions, and other factors.

Prices Based

Refers to a pricing strategy determined by factors such as cost of production, competition, and perceived value by the consumer, often adjusted to market conditions.

Odd Pricing

A pricing strategy where items are priced slightly below a round number (e.g., $199.99 instead of $200), believing it psychologically encourages more sales.