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  3. felicetti corporation bases its budgets on the act

Felicetti Corporation bases its budgets on the activity measure customers served. During November, the company...

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Felicetti Corporation bases its budgets on the activity measure customers served. During November, the company planned to serve 21,000 customers. The company has provided the following data concerning the formulas it uses in its budgeting: The company has also furnished its income statement for November Felicetti Corporation Income Statement For the Month Ended November 30

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