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McSweeney agrees to clear out Broad's basement,but no price is set at the time.Broad argues,once McSweeney has done the work,that since no price was agreed upon,he should pay only a reasonable price and not the excessive amount stated in the bill presented to him by McSweeney.He is right.
Unit Contribution Margin
The difference between the selling price per unit and the variable cost per unit.
Wire Strippers
A hand tool used for stripping the insulation from electric wires, essential in electrical wiring tasks.
Manufacturer
An entity engaged in the business of producing goods for sale, using labor, machinery, and raw materials.
Cedar Shingles
A type of roofing material made from cedar wood, known for its durability and natural resistance to decay.
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