At the beginning of the month, the Painting Department of Skye Manufacturing had 23,000 units in inventory, 70% complete as to materials, and 25% complete as to conversion. During the month the department started 118,000 units and transferred 124,500 units to the next manufacturing department. At the end of the month, the department had 16,500 units in Inventory, 40% complete as to materials and 10% complete as to conversion. If Skye Manufacturing uses the weighted average method of process costing, compute the equivalent units for materials and conversion respectively for the Painting Department. o 131,100 materials; 126,150 conversion. o 115,000 materials; 120,400 conversion. o 131,100 materials; 120,400 conversion. o 126,150 materials; 131,100 conversion. 115,000 materials; 126,150 conversion