180k views
4 votes
During its first year of operations, a company granted employees vacation privileges and pension rights estimated at a cost of $21,500 and $15,000. The vacations are expected to be taken in the next year and the pension rights are expected to be paid in the future 5–30 years. What is the total cost of vacation pay and pension rights to be recognized in the first year?

User Cfogelberg
by
8.2k points

1 Answer

6 votes

Answer:$36,500

Explanation: I believe you just add the two estimates together since that the first year of payments given.

User Oleg Gopkolov
by
7.7k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.