Deluxe, inc. uses a standard cost system and provides the following information. (click the icon to view the information.) deluxe allocates manufacturing overhead to production based on standard direct labor hours. deluxe reported the following actual results for 2018: actual number of units produced, 1 comma 000; actual variable overhead, $ 5 comma 000; actual fixed overhead, $ 2 comma 800; actual direct labor hours, 1 comma 200.

Effective capacity is the: a. capacity a firm expects to achieve given the current operating constraints. b. minimum usable capacity of a particular facility. c. sum of all the organization's inputs. d. average output that can be achieved under ideal conditions. e. maximum output of a system in a given period.

Phoenix guitars is interested in pursuing backward integration to take greater ownership of the extraction of raw materials and production of components used in its signature line of guitars. although this approach would lower the overall cost of producing a guitar, the costs associated with producing electronic pickupsfor sound amplification are far greater than those associated with sourcing pickups from a reliable supplier. which of the following approaches is likely to produce superior results? a) invest in vertical integration despite the cost of producing pickups. b) abandon the idea of vertical integration entirely. c) pursue taper integration. d) introduce a budget line of guitars to diversify the firm's offerings.

Describe at least one way in which a line of credit is different from a loan.