According to its original plan. Fanning Consulting Services Company plans to charge its customers for service at $130 per hour in Year 2 The company president expects consulting services provided to customers to reach 54,000 hours at that rate. The marketing manager, however, orgues that actual results may range from 50,000 hours to 58,000 hours because of market uncertainty Fanning's standard variable cost is $46 per hour, and its standard foxed cost is $1,420,000. Required Develop flexible budgets based on the assumptions of service levels at 50,000 hours, 54,000 hours, and 58,000 hours