Exercise 15-3A (Algo) Using a flexible budget to accommodate market uncertainty LO 15-2 According to its original plan, Thornton Consulting Services Company plans to charge its customers for service at $126 per hour. 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 48,000 hours to 56,000 hours because of market uncertainty. Thomton's standard variable cost is $46 per hour, and its standard fixed cost is $1,490,000 Required Develop flexible budgets based on the assumptions of service levels at 48,000 hours, 52,000 hours, and 56,000 hours home Flexible Budget Flexible Budget Flexible Budget 48,000 Hours 52,000 Hours 56,000 Hours 0 0 O 5 05 05