Instead of canceling their contract, william, laverne, and laverne's mother, irma, form another contract in which they all agree that william will paint irma's home instead of laverne's. this new agreement is known as:
a. a breach of contract.
b. substantial performance.
c. a reformation.
d. a novation.

as i understand, it's one of the last two. probably a novation,

Mordica company identifies three activities in its manufacturing process: machine setups, machining, and inspections. estimated annual overhead cost for each activity is $156,960, $382,800, and $84,640, respectively. the cost driver for each activity and the expected annual usage are number of setups 2,180, machine hours 25,520, and number of inspections 1,840. compute the overhead rate for each activity. machine setups $ per setup machining $ per machine hour inspections $ per inspection