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According to its original plan, Franklin Consulting Services Company plans to charge its customers for service at $$126$ per hour in Year $2.$ The company president expects consulting services provided to customers to reach $51,000$ hours at that rate. The marketing manager, however, argues that actual results may range from $45,000$ hours to $57,000$ hours because of market uncertainty. Franklin's standard variable cost is $$47$ per hour, and its standard fixed cost is $$1,450,000.$

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Develop flexible budgets based on the assumptions of service levels at $45,000$ hours, $51,000$ hours, and $57,000$ hours.

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