Based on the various costs and sales projections, the budgeted operating income is $70,000.
It can be found by the formula:
= Budgeted sales - Budgeted variable costs - Budgeted fixed costs
Solving gives:
= 450,000 - 150,000 - 230,000
= $70,000
In conclusion, the budgeted operating income is $70,000.
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