Martin Manufacturing uses the FIFO method of process costing and reports the following data from its Forming department: Direct materials Percent Complete 30% Conversion Percent Complete 108 Beginning work in process inventory Units started this period Units completed and transferred out Ending work in process inventory Units 10,000 60,000 62,000 8,000 80% 60% Compute the equivalent units for direct materials and conversion respectively for the Forming department. Multiple Choice 65,400 direct materials; 65,800 conversion. 68,400 direct materials: 66,800 conversion. 65,400 direct materials; 66,800 conversion