Mid-american oil had a contract with nsb co. to supply 1,000 gallons of oil by september 1. the contract contained a provision that requires all modifications to be written and signed by the company presidents. in early august, an executive of mid-american talked with the purchasing agent of nsb who orally agreed to two shipments of oil, one in september and a second one in december. by september 30, when only 500 gallons had been delivered, nsb sued. the likely outcome of this lawsuit is:

NSB Co. won the case against Mid-American oil/Mid-American oil lost the case

Explanation:

The original contract clearly stipulated that any modifications to the contract were to be written and signed by the company's presidents, therefor the decision by the Mid-American executive to talk with the purchasing agent of NSB  Co. was in breach of the contract in two aspects;

urban company reports the following information regarding its production cost: units produced 37,000 units direct labor $ 30 per unit direct materials $ 35 per unit variable overhead $ 237,000 in total fixed overhead $ 127,000 in total

false! basically!

i hope i'm correct.