Winners Company expects to manufacture and sell 30,000 athletic uniforms for 80 each in 2024. Direct materials costs are 20, direct manufacturing labor is 8, and manufacturing overhead is 6 for each uniform. The following inventory levels apply to 2024 : What is the amount budgeted for direct material purchases in 2024 ? a. 520,000 b. 600,000 c. 580,000 d. 760,000 5. Which of the following statements is true in regard to the cause-and-effect relationship between allocated joint costs and individual products? a. A high individual product value results in a high level of joint costs b. A low individual product value results in a low level of joint costs c. A high individual product value results in a low level of joint costs d. There is no cause-and-effect relationship 6. Help Mr Ayrton, an entrepreneur, to identify which one of the following is not commonly adopted when making innovation consideration: a. continuous product and process improvement b. upgrade the business model c. exploit new technologies to create a new product, service or business d. ignore the use of new technologies to add value to an existing product or service Winners Company expects to manufacture and sell 30,000 athletic uniforms for 80 each in 2024. Direct materials costs are 20, direct manufacturing labor is 8, and manufacturing overhead is 6 for each uniform. The following inventory levels apply to 2024 : What is the amount budgeted for direct material purchases in 2024 ? a. 520,000 b. 600,000 c. 580,000 d. 760,000 5. Which of the following statements is true in regard to the cause-and-effect relationship between allocated joint costs and individual products? a. A high individual product value results in a high level of joint costs b. A low individual product value results in a low level of joint costs c. A high individual product value results in a low level of joint costs d. There is no cause-and-effect relationship 6. Help Mr Ayrton, an entrepreneur, to identify which one of the following is not commonly adopted when making innovation consideration: a. continuous product and process improvement b. upgrade the business model c. exploit new technologies to create a new product, service or business d. ignore the use of new technologies to add value to an existing product or service