Answer:
Good samaritan statutes
Explanation:
A good samaritan in legal terms is defined as someone who aid in an emergency to an injured person on a voluntary basis. These statutes aims to promote people rendering emergency care to strangers, preventing them from being afraid of legal consequences for unintentional injuries. The statutes may vary from jurisdiction to jurisdiction, as do their interactions with various other legal principles, such as consent and the right to refuse treatment. And most of times there not applied to damages as may result from the person's gross negligence .
Answer:
Algorithm
Explanation:
An algorithm can assist in solving organizational problems by setting standards that will aid in decision making. They are effective because they use statistical data and past information stored so that through artificial intelligence executives get data that surpasses human limitations. But it should be reviewed by IT professionals to avoid failures.
Answer:
$20,000
Explanation:
Break-even sales is the point of sales at which the business incur no profit no loss. At this level of sale the business covers all of the variable and fixed cost associated with the product. Break-even is expressed in sales volume and sales value terms.
Current Selling Price = $70
As we know
Sales price = Variable cost + Contribution margin
Sales price = Variable cost ratio + Contribution margin ratio
100% = 40% + Contribution
Contribution = 100% - 40% = 60%
Fixed Cost = $12,000 Per month
Break-even sales = Fixed Cost / Contribution margin ratio
Break-even sales = $12,000 / 60% = $20,000
Answer:
Follows are the solution to this question:
Explanation:
In point A:
The estimated amount of uncollectible allowance =
In point B Journal
Titles and descriptions of accounts Debit Credit Calculation
Expenditure on bad debts 
Doubted debt allowance 
(Bad Debts Expense recorded)
In point C Journal
Titles and descriptions of accounts Debit Credit Calculation
Expenditure on bad debts 
Doubted debt allowance
(Bad Debts Expense recorded)
Answer:
Option (d) is correct.
Explanation:
Given that,
Direct materials = $44,200
Direct labor = $31,800
Manufacturing overhead = $25,200
Selling expenses = $22,100
Administrative expenses = $37,100
Conversion cost:
= Direct labor + Manufacturing overhead
= $31,800 +$25,200
= $57,000
Therefore, the conversion costs during the month totaled $57,000.