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Thompson Company makes and sells power tools. The budgeted sales are $450,000, the budgeted variable costs are $150,000, and the budgeted total fixed cost is

Thompson Company makes and sells power tools. The budgeted sales are $450,000, the budgeted variable costs are $150,000, and the budgeted total fixed cost is $230,000. What is the budgeted operating income? a. $227,500 b. $84,500 c. $70,000 d. $567,000 e. $73,000

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