12 Multiple Choice (3 minutes - 2 marks) Kale-fornia Love's expects to sell 200.000 smoothies in the first quarter. Its sales will increase by 20,000 smoothies per quarter. The company wishes to maintain ending inventory equal to 25% of smoothies. Each smoothie has gold flakes and sells for $35. 40% of the sales are in cash. The remainder are on credit. 70% of the credit customers pay within the quarter. The remainder are collected following the sale. Budgeted production, in smoothies, for the third quarter is: O 240,000 O 230,000 O 245,000 O None of the other options O 305,000 A Moving to another question will save this response. Quest