According to its original plan, Franklin Consulting Services Company plans to charge its customers for service at $$128$ per hour in Year $2.$ The company president expects consulting services provided to customers to reach $47,000$ hours at that rate. The marketing manager, however, argues that actual results may range from $41,000$ hours to $53,000$ hours because of market uncertainty. Franklin's standard variable cost is $$42$ per hour, and its standard fixed cost is $$1,420,000.$

Required

Develop flexible budgets based on the assumptions of service levels at $41,000$ hours, $47,000$ hours, and $53,000$ hours.