Martin Manufacturing uses the FIFO method of process costing and reports the following data from its Forming department Conversion Percent Direct materials Units Percent Complete Beginning work in process inventory 15,000 30% Units started this period 70,000 Units completed and transferred out 72,000 Ending work in process inventory 13,000 80% Compute the equivalent units for direct materials and conversion respectively for the Forming department. Complete 10% 60%