At the beginning of the month, the Forming Department of Martin Manufacturing had 11,000 units in inventory, 40% complete as to materials, and 10% complete as to conversion. During the month the department started 62,000 units and transferred 64,000 units to the next manufacturing department. At the end of the month, the department had 9,000 units in inventory, 85% complete as to materials and 60% complete as to conversion. If Martin Manufacturing uses the FIFO method of process costing, compute the equivalent units for materials and conversion respectively for the Forming Department. Multiple Choice 71,650 materials; 69,400 conversion. 60,650 materials; 58,400 conversion 60,900 materials; 63,100 conversion. 67,250 materials; 69,400 conversion. 67,250 materials; 68,300 conversion