2.5 pts Question 5 Slick Company produces jump ropes. Slick Company has the following sales projections for the upcoming year: 23,000 First quarter budgeted jump rope sales in units Second quarter budgeted jump rope sales in units Third quarter budgeted jump rope sales in units Fourth quarter budgeted jump rope sales in units 20,000 25,000 30,000 Inventory at the beginning of the year was 3,500 jump ropes. Slick Company wants to have 20% of the next quarter's sales in units on hand at the end of each quarter. How many jump ropes should Slick Company produce during the first quarter? 0 23,000 O 19,500 0 23,500 O 30,500 2.5 pts Question 6