Exercise 8-6A (Algo) Using a flexible budget to accommodate market uncertainty LO 8-4 According to its original plan, Munoz Consulting Services Company plans to charge its customers for service at $132 per hour in Year 2. The company president expects consulting services provided to customers to reach 54,000 hours at that rate. The marketing manager, however, argues that actual results may range from 51,000 hours to 57,000 hours because of market uncertainty. Munoz's standard variable cost is $39 per hour, and its standard fixed cost is $1,320,000. Required Develop flexible budgets based on the assumptions of service levels at 51,000 hours, 54,000 hours, and 57,000 hours. Flexible Budget Flexible Budget Flexible Budget 51,000 Hours 0 54,000 Hours 0 57,000 Hours 0 $ 0 $ 0 $ 0