According to its original plan, Stuart Consulting Services Company plans to charge its customers for service at $131 per hour. The company president expects consulting services provided to customers to reach 45,000 hours at that rate. The marketing manager, however, argues that actual results may range from 42,000 hours to 48,000 hours because of market uncertainty, Stuart's standard variable cost is $40 per hour, and its standard fixed cost is $1,300,000 Required Develop flexible budgets based on the assumptions of service levels at 42,000 hours. 45,000 hours, and 48,000 hours. Flexible Budget Flexible Budget Flexible Budget 42,000 Hours 45,000 Hours 48,000 Hours Sales Variable costs Contribution margin Faxed costs Net income 0 0 0 $ 0$ 0 $ 0