Phil enters into a contract to hire bob's building business to build a warehouse for phil. the contract specifies that the warehouse should be built with highqual bricks. when construction starts, highqual bricks cannot provide enough bricks for the warehouse. bob's building business substitutes big red bricks, which are comparable in quality and price to highqual bricks. this deviation from the contract
a. discharges phil from the contract. b. has no effect on the contract. c. increases bob's building business's duties under the contract. d. suspends bob's building business's duty to perform.

Solomon chemical company makes three products, b7, k6, and x9, which are joint products from the same materials. in a standard batch of 320,000 pounds of raw materials, the company generates 70,000 pounds of b7, 150,000 pounds of k6, and 100,000 pounds of x9. a standard batch costs $3,840,000 to produce. the sales prices per pound are $10, $14, and $20 for b7, k6, and x9, respectively. (a) allocate the joint product cost among the three final products using weight as the allocation base. (b) allocate the joint product cost among the three final products using market value as the allocation base. (c) allocate the joint product cost among the three final products using weight as the allocation base.