Metalcrafters made a contract to design a new earth-moving vehicle for lamar highway construction co. metalcrafters was depending on the genius of samet, the head of its research department, to design a new product. shortly after the contract was made between metalcrafters and lamar, samet was killed in an automobile accident. metalcrafters was not able to design the product without samet. lamar sued metalcrafters for damages for breach of the contract. metalcrafters claimed that the contract was discharged by samet’s death. is it correct?

Croy inc. has the following projected sales for the next five months: month sales in units april 3,850 may 3,875 june 4,260 july 4,135 august 3,590 croy’s finished goods inventory policy is to have 60 percent of the next month’s sales on hand at the end of each month. direct material costs $2.50 per pound, and each unit requires 2 pounds. raw materials inventory policy is to have 50 percent of the next month’s production needs on hand at the end of each month. raw materials on hand at march 31 totaled 3,741 pounds. 1. determine budgeted production for april, may, and june. 2. determine the budgeted cost of materials purchased for april, may, and june. (round your answers to 2 decimal places.)