Wilson Carver Knives uses process costing. In its Cutting Department, all the materials are added

at the beginning of the process and conversion costs are added evenly during the processing.

During the first month of operations, the Cutting Department transferred 78,000 units to the

Packing Department. The Cutting Department's ending Work in Process inventory consisted of

3,800 units that were 40% complete. What are the equivalent units for materials and for

conversion costs in the Cutting Department, respectively