Á<br> Business models are classified under the rubric of business

An organization based within the eu wants to avoid many of the strict guidelines regarding the protection of data subjects. As t

shepuryov [24]

The reasonable action that one can they take to accomplish this goal is to have or be part of the and as such have a strict security and technology to guard your data from been stolen.

<h3>What is General Data Protection Regulation (GDPR)?</h3>

The General Data Protection Regulation known to be GDPR for short is known to be a body that is responsible for any kind of regulation in regards to Data security as they need businesses to protect all the personal data as well as privacy of citizens.

Note that by following the above rules, the data controller will not have any issues with the and as such, he need to have good technology as well as security.

Therefore, As the data controller, the reasonable action that one can they take to accomplish this goal is to have or be part of the GDPR and as such have a strict security and technology to guard your data from been stolen.

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4 0

1 year ago

Harbor Wheel Company manufactures two tractor wheels: the Ultimate which sells for $1,600 and the Standard, which sells for $1,3

algol [13]

Answer:

Harbor Wheel Company

Overhead applied to a single Ultimate wheel using traditional costing:

= $228

Overhead applied to a single Standard wheel using traditional costing:

= $190

Total manufacturing cost of the Standard wheel using traditional costing:

= $710,000 ($710 * 10,000)

Activity-based overhead rate for Quality Control:

= $25

Machining overhead applied to the Standard wheel using activity-based costing:

= $1,000,000

Total manufacturing overhead applied to each Ultimate wheel using activity-based costing:

= $161.40

Explanation:

a) Data and Calculations:

Total estimated overhead = $7,600,000

Estimated total direct labor hours = 200,000

Predetermined overhead rate = $38 per direct labor hour ($7,600,000/200,000)

Current Traditional Costing:

Ultimate Standard

Selling price per unit $1,600 $1,300

Direct materials per wheel $700 $420

Direct labor cost per wheel $120 $100

Overhead applied per wheel $228 $190

Total cost per wheel $1,048 $710

Direct labor hours per wheel 6 5

Total units produced 25,000 10,000

Overhead to a single wheel $228 (6* $38) $190 (5 * $38)

Activity-Based Costing:

Activity Cost Cost Estimated Expected Use of Cost Drivers

Pools Drivers Overhead Total Ultimate Standard

Purchasing purchase orders $1,200,000 40,000 17,000 23,000

Machine setups machine setups 900,000 18,000 5,000 13,000

Machining machine hours 4,800,000 120,000 75,000 45,000

Quality Control inspections 700,000 28,000 11,000 17,000

Total $7,600,000

Activity-based overhead rates

Purchasing = $30 ($1,200,000/40,000)

Machine setups = $50 ($900,000/18,000)

Machining = $40 ($4,800,000/120,000)

Quality control = $25 ($700,000/28,000)

Machining overhead applied to the Standard wheel using activity-based costing = $1,000,000 ($40 * 45,000)

Total manufacturing overhead applied to each Ultimate wheel using activity-based costing:

Purchasing = $510,000 ($30 * 17,000)

Machine setups = $250,000 ($50 * 5,000)

Machining = $3,000,000 ($40 * 75,000)

Quality control = $275,000 ($25 * 11,000)

Total overhead = $4,035,000

Total units = 25,000

Overhead cost per wheel = $161.40 ($4,035,000/25,000)

7 0

3 years ago

In 2017 Wilkinson Company had net credit sales of $2250000. On January 1, 2017, Allowance for Doubtful Accounts had a credit bal

mamaluj [8]

Answer:

$114,000

Explanation:

Given that,

Net credit sales = $2,250,000

Opening allowance for Doubtful Accounts = $36,000

Uncollectible accounts receivable written off = $90,000

Firstly, we need to find the excess amount to be adjusted to allowance for Doubtful Accounts. It is calculated as follows:

= Uncollectible accounts receivable written off - Opening allowance for Doubtful Accounts

= $90,000 - $36,000

= $54,000

Allowance amount:

= 10% of the balance in receivables

= 0.1 × $600,000

= $60,000

Therefore, the required adjustment to the Allowance for Doubtful Accounts at December 31, 2017 is determined by summing up the excess amount and allowance amount.

= Excess amount to be adjusted to allowance for Doubtful Accounts + Allowance amount

= $54,000 + $60,000

= $114,000

4 0

3 years ago

Investors, when calculating the present value of a bond's future cash flows (i.e, when valuing a bond), technically use which on

Masteriza [31]

Answer:

b. yield to maturity

Explanation:

The future cash flows of the bonds are discounted to the present value using the yield to maturity or market related rate of the bond. The required return of the bond represents the coupon payments that the bond is offering.

5 0

3 years ago

What is financial literacy and why is it important.

FromTheMoon [43]

Answer:

Financial literacy is a set of skills and knowledge that allows one to make effective decisions with their financial resources.

Explanation:

Why is it important? Well, being financially literate ensures financial stability and security. It also allows you to have a variety of different financial skills; such as creating a budget, understanding how credit works, being able to save for retirement, and becoming wiser with how to manage your money.

Hope this helps! Have an amazing day! :D

8 0

2 years ago

Á Business models are classified under the rubric of business