On december 31st of last year, wolfson corporation had in inventory 400 units of its product, which cost $21 per unit to produce. during january, the company produced 800 units at a cost of $24 per unit. assuming wolfson corporation sold 700 units in january, what was the cost of goods sold for the units sold in january (assume fifo inventory accounting)?

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.