Curtis Salter, the president of Kasimer Computer Services, needs your help. He wonders about the potential effects on the firm's net income if he changes the service rate that the firm charges its customers. The following basic data pertain to fiscal year 2015 Standard rate and variable costs Service rate per hour $ 8200 Labor cost 32.00 Overhead cost 6.40 Selling, general, and administrative 3.80 cost Expected fixed costs Facility maintenance $523,000 Selling, general, and administrative 145,000 c. The same consultant also suggests that if the firm raises Its rate to $87 per hour, the number of service hours will decline to 25,000. Prepare a flexible budget using the new assumption. KASIMER COMPUTER SERVICES Pro Forma Income Statement Flexible Budget Variable costs S 0 Fixed costs $ 0 c. The same consultant also suggests that if the firm raises its rate to $87 per hour, the number of service hours will decline to 25,000. Prepare a flexible budget using the new assumption. KASIMER COMPUTER SERVICES Pro Forma Income Statement Flexible Budget Variable costs $ 0 Fixed costs $ 0