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31 8 The following information pertains to the Moline Facility for the month of May (all materials are added at the beginning of the process):

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The following information pertains to the Moline Facility for the month of May (all materials are added at the beginning of the process): Beginning work in process Started in May Units completed Ending work in process Units Material Costs 90,000 $36,000 250,000 96,600 240,000 100,000 Required: Compute the cost per equivalent unit for materials using the weighted-average method. (Round "Cost per equivalent unit" answer to 2 decimal places.) Total costs to be accounted for Cost per equivalent unit Which of the following formulas is used to calculate the contribution margin ratio? Multiple Choice . (Sales - Fixed costs) + Sales. (Sales - Variable costs) + Sales. (Sales - Total costs) + Sales. (Sales - Cost of goods sold) + Sales

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