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Luckman Corporation bases its budgets on the activity measure customers served.During July, the company plans to serve 32,000 customers.The company has provided the following data concerning the formulas it uses in its budgeting: Required:
Prepare the company's planning budget for July.
Sensation
The process by which sensory receptors and the nervous system receive and represent stimulus energies from the environment.
Perception
The process by which individuals organize and interpret their sensory impressions to give meaning to their environment.
Transmission
The action or process of transmitting something or the state of being transmitted, such as data, diseases, or genetic traits.
Interpretation
The act or process of explaining the meaning of something; often applies to text, actions, or events.
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