At the beginning of the month, the Forming Department of Martin Manufacturing had 25,000 units in inventory, 25% as to materials, and 10% as to conversion. During the month the department started 90,000 units and transferred 92,000 units to the next manufacturing department. At the end of the month, the department had 23,000 units in inventory, 80% as to materials and 60% 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.

• 110,400 materials; 105,800 conversion.
• 85,400 materials; 80,800 conversion.
• 87,500 materials; 92,500 conversion.
• 104,150 materials; 105,800 conversion.
• 104,150 materials; 103,300 conversion.