According to its original plan, Franklin Consulting Services Company plans to charge its customers for service at $127 per hour in 2018. dent 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 48,000 hours to 56,000 hours because of market uncertainty. Franklin's standard variable cost is $47 per hour, and its standard fixed cost is $1,420,000. Required Develop flexible budgets based on the assumptions of service levels at 48,000 hours, 52,000 hours, and 56,000 hours. Flexible Budget 48,000 Hours Flexible Budget Flexible Budget 52.000 Hours 56,000 Hours