At the beginning of the month,the Forming Department of Martin Manufacturing had 10,000 units in inventory,30% complete as to materials,and 10% complete as to conversion.During the month the department started 60,000 units and transferred 62,000 units to the next manufacturing department.At the end of the month,the department had 8,000 units in inventory,80% complete as to materials and 60% complete as to conversion.If Martin Manufacturing uses the weighted average method of process costing,compute the equivalent units for materials and conversion respectively for the Forming Department.

A) 68,400 materials; 66,800 conversion.
B) 58,400 materials; 56,800 conversion.
C) 59,000 materials; 61,000 conversion.
D) 65,400 materials; 66,800 conversion.
E) 65,400 materials; 65,800 conversion.

The equivalent units for materials and conversion can be calculated as follows:1. **Materials:** - Beginning inventory: 10,000 units at 30% complete = 3,000 equivalent units - Units started and completed: 62,000 units transferred - 10,000 units beginning inventory = 52,000 units - Ending inventory: 8,000 units at 80% complete = 6,400 equivalent units - Total equivalent units for materials = 3,000 + 52,000 + 6,400 = 61,400 equivalent units2. **Conversion:** - Beginning inventory: 10,000 units at 10% complete = 1,000 equivalent units - Units started and completed: 52,000 units (as calculated above) - Ending inventory: 8,000 units at 60% complete = 4,800 equivalent units - Total equivalent units for conversion = 1,000 + 52,000 + 4,800 = 57,800 equivalent unitsIt seems there was a mistake in my calculations. Let's correct that:For materials:- Units transferred out are fully completed, so they count as 62,000 equivalent units.- Ending inventory: 8,000 units at 80% complete = 6,400 equivalent units.- Total equivalent units for materials = 62,000 + 6,400 = 68,400.For conversion:- Units transferred out are fully completed, so they count as 62,000 equivalent units.- Ending inventory: 8,000 units at 60% complete = 4,800 equivalent units.- Total equivalent units for conversion = 62,000 + 4,800 = 66,800.Therefore, the correct answer is 68,400 materials and 66,800 conversion.