According to its original plan, Franklin Consulting Services Company plans to charge its customers for service at $128 per hour in 2018 The company president expects consulting services provided to customers to reach 52,000 hours at that rate. The marketing manager, however, argues that actual results may range from 47,000 hours to 57,000 hours because of market uncertainty, Franklin's standard variable cost is $47 per hour, and its standard fixed cost is $1,450,000 Required Develop flexible budgets based on the assumptions of service levels at 47,000 hours, 52,000 hours, and 57,000 hours. Flexible Budget Flexible Budget Flexible Budget 47.000 Hours 52,000 Hours 57,000 Hours 1 0 0 0 PS 0S0S0