Johnson Bakery agrees to supply Higgen’s Restaurant with all the bread that it requires for one year. When a shortage causes the price of wheat to rise sharply, Johnson can continue supplying bread only at a much higher price. The parties agree to modify the contract so that the buyer will pay a higher price. The change is

a. enforceable as long a the parties voluntarily agreed to the modification.

b. uneforceable due to the preexisting duty rule

c. unenforceable because Johnson is taking advantage of a shortage to boost profits

d. unenforceable because a valid contract already exists

Pederson company reported the following: manufacturing costs $480,000 units manufactured 8,000 units sold 7,500 units sold for $90 per unit beginning inventory 2,000 units what is the average manufacturing cost per unit? (round the answer to the nearest dollar.)

James is an employee in the widget inspection department of xyz systems, a government contractor. james was part of a 3-person inspection team that found a particular batch of widgets did not meet the exacting requirements of the u.s. government. in order to meet the tight deadline and avoid penalties under the contract, james' boss demanded that the batch of widgets be sent in fulfillment of the government contract. when james found out, he went to the vice president of the company and reported the situation. james was demoted by his boss, and no longer works on government projects. james has a:

If gerry is approved for a $150,000 mortgage at 3.75 percent interest for a 30-day loan, what would the monthly payment be?