Martin Manufacturing has two manufacturing departments, Forming and Painting. The company uses the weighted-average method and it reports the following data. Units completed in the Forming department are transferred to the Painting department. Beginning work in process inventory Units started this period Units completed and transferred out Ending work in process inventory Units 107,000 Direct materials Percent Complete 60% Conversion Percent Complete 40% 1,214,000 1,194,000 127,000 80% 30% Production cost information for the Forming department follows. Beginning work in process Direct materials Conversion $193,200 75,200 $268,400 Costs added this period $ 6,025,680 Direct materials Conversion 4,606,780 10,632,460 Calculate the costs per equivalent unit of production for both direct materials and conversion for the Forming department. Multiple Choice $4.65 per EUP direct materials; $3.74 per EUP conversion. $4.49 per EUP direct materials; $3.63 per EUP conversion. $4.80 per EUP direct materials; $3.80 per EUP conversion. $5.21 per EUP direct materials; $3.92 per EUP conversion. $4.71 per EUP direct materials; $3.56 per EUP conversion.