According to its original plan, Gibson Consulting Services Company plans to charge its customers for service at $127 per hour in 2018 The company president expects consulting services provided to customers to reach 49,000 hours at that rate. The marketing manager, however, argues that actual results may range from 46,000 hours to 52,000 hours because of market uncertainty. Gibson's standard variable cost is $44 per hour, and its standard fixed cost is $1,490,000. Required Develop flexible budgets based on the assumptions of service levels at 46,000 hours, 49,000 hours, and 52,000 hours. Flexible Budget Flexible Budget Flexible Budget 46,000 Hours 49,000 Hours 52.000 Hours