Answer:
The budgeted operating income for 7,200 chairs sold is $13,826.
Explanation:
Wicker Chair Co. budgeted operating income
Sales (7,200 chairs × $52)        $374,400
Less Expenses
Variable (7,200 chairs × $39.20)  ($282,240)
Fixed                         ($78,334)
Budgeted Income / (loss) Â Â Â Â Â Â Â Â Â $13,826 Â
Conclusion :
The budgeted operating income for 7,200 chairs sold is $13,826.