Rigoberto contracts with Jakob to buy a certain bicycle for him. Rigoberto makes a deal with Canyon Bikes, the owner of the horse, and makes a down payment. Jakob fails to pay the rest of the price. Canyon sues Rigoberto for breach of contract. His right to hold Jakob liable for any damages that he has to pay is the right of

Swain company manufactures one product, it does not maintain any beginning or ending inventories, and its uses a standard cost system. the company's beginning balance in retained earnings is $65,000. it sells one product for $170 per unit and it generated total sales during the period of $603,500 while incurring selling and administrative expenses of $54,500. swain company does not have any variable manufacturing overhead costs and its standard cost card for its only product is as follows: