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What is the fixed portion of Almond Company expense

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Problem - Almond Company wishes to determine the fixed portion of its maintenance expense (a semi-variable expense), as measured against direct labor hours for the first Malayan three months of the year. The inspection costs are fixed; however, the adjustments necessitated by errors found during inspection account for the variable portion of the maintenance costs. Information for the first Malayan quarter is as follows:

 

Direct Labor Hours

Maintenance Costs

January

34,000

P61,000

February

31,000

58,500

March

34,000

61,000

Required - What is the fixed portion of Almond Company's maintenance expense, rounded to the nearest pesos?

A.P28,330

B. P37,200

C.P32,677

D. P40,800

Reference no: EM132462452

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