Cinderella receives a gown and golden slippers from her mother's spirit after wishing she could live a life in the palace ("Cinderella at the Grave"). A Mysterious Man mocks Jack for valuing his cow more than a "sack of beans". Little Red meets a hungry Wolf who persuades her to take a longer path and admire the beauty, with his own thoughts of eating both her and her grandmother ("Hello Little Girl"). The Baker, secretly followed by his Wife, meets Jack. They convince Jack that the beans found in the Baker's father's jacket are magic, trade them for the cow and Jack bids Milky White a tearful farewell ("I Guess This Is Goodbye"). The Baker feels guilty about their deceit, but his wife reassures him ("Maybe They're Magic").