After Gazoo gets Fred to see his boss for a list of demands from him and his co-workers, Mr. Slate fires Fred to meet the demands of the other workers. Fred then hangs out at the park and meets an unemployed man who thinks the pie Wilma made is the best pie he's ever had. Other people taste it, including P.J. Safestone of Safestone supermarkets (which is the parody ofSafeway Supermarkets). Safestone makes a deal with Fred to bake 50 pies, then 500 pies, but later Fred discovers that the pies causing him to lose money making them. When Fred tries to make a better deal, Safestone refuses, and Fred is stuck with 500 unsold pies.

Gazoo gives Fred a luxury car and this causes more problems, including some mysterious people trying to get a secret formula from Barney, who they think is scientist Dr. Rockenheimer. After Fred makes the mistake of telling Gazoo to get lost, the mysterious people finally knock Fred and Barney out, and are ready to kill them to get a formula Barney does not have.

Fred and Barney enter a costume contest both dressed as devils. Meanwhile, a new band puts on a radio hoax saying the town is being invaded by space aliens called "Way-Outs". After deciding to let Barney be the devil, Fred decides to dress as a space alien and is mistaken for one of the Way-Outs.