Bill and Mary sign a contract where Bill is going to deliver 400 pairs of shoes to Mary’s warehouse by noon on Tuesday. The contract states that the shoes will come on 4 wooden pallets. Bill knows that the shoes will come on 4 metal pallets. Mary’s warehouse is full of goods on both wooden and metal pallets. Mary decides she does not want the shoes and sues Bill as a means to rescind the contract based on fraudulent misrepresentation. What is the outcome?

Schuepfer inc. bases its selling and administrative expense budget on budgeted unit sales. the sales budget shows 1,800 units are planned to be sold in march. the variable selling and administrative expense is $4.30 per unit. the budgeted fixed selling and administrative expense is $35,620 per month, which includes depreciation of $2,700 per month. the remainder of the fixed selling and administrative expense represents current cash flows. the cash disbursements for selling and administrative expenses on the march selling and administrative expense budget should be: