Advanced Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year. Units produced this year 28,000 units Units sold this year 16,800 units Direct materials $ 12 per unit Direct labor $ 14 per unit Variable overhead $ 3 per unit Fixed overhead $ 140,000 in total Given Advanced Company's data, and the knowledge that the product is sold for $59 per unit and operating expenses are $230,000, compute the net income under variable costing.

While cell phones with holographic keyboards are currently in the introduction stage of the industry life cycle, tablet computers are in the growth stage. in the context of this scenario, which of the following statements is true? a. the industry for cell phones with holographic keyboards will face greater competition than the tablet industry. b. while the industry for cell phones with holographic keyboards will focus more on product innovation, the tablet industry will focus more on process innovation. c. while the industry for cell phones with holographic keyboards can reap the benefits of economies of scale, the tablet industry will experience no such benefits. d. the industry for cell phones with holographic keyboards will face price competition, whereas, in the tablet industry, the mode of competition will be non-price.