PLEASE ANSWER BOTH QUESTIONS

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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. Direct materials Percent Complete 60% Conversion Percent Complete 40% Beginning work in process inventory Units started this period Units completed and transferred out Ending work in process inventory Units 101,000 1,202,000 1,182,000 121,000 80% 30% Production cost information for the Forming department follows. $ 181,200 63,200 $ 244,400 Beginning work in process Direct materials Conversion Costs added this period Direct materials Conversion $ 4,422,480 3,104,380 7,526,860 Calculate the costs per equivalent unit of production for both direct materials and conversion for the Forming department. Multiple Choice $3.60 per EUP direct materials; $2.60 per EUP conversion. $3.53 per EUP direct materials; $2.43 per EUP conversion. $3.46 per EUP direct materials; $2.55 per EUP conversion. O $3.32 per EUP direct materials; $2.52 per EUP conversion. O $3.89 per EUP direct materials; $2.68 per EUP conversion. Direct materials Percent Complete 70% Conversion Percent Complete 20% Beginning work in process inventory Units started this period Units completed and transferred out Ending work in process inventory Units 26,500 128,000 133,000 21,500 40% 15% Production cost information for the Painting department follows. $ 35, 400 7,550 $ 42,950 Beginning work in process Direct materials Conversion Costs added this period Direct materials Conversion $ 304,440 591,840 896, 280 If Skye Manufacturing uses the weighted average method of process costing, compute the cost per equivalent unit for direct materials and conversion respectively for the Painting department. Multiple Choice $2.40; $4.40 $2.17; $4.30. O $2.44; $4.50. $2.44; $4.30 O $2.76; $4.58