A company has two manufacturing departments, Forming and Painting. The company uses the Weighted method and it reports the following data. Units completed in the Forming department are transferred to the Painting department. Units Units completed and transferred out Ending work in process inventory 120,000 40,000 Direct materials. Percent Complete 100% Conversion Percent Complete 100% 20% 60% Determine the equivalent units of production for the Forming department for direct materials and conversion costs assuming the weighted average method.