While preparing a flexible budget indirect wages was considered as a semi-variable expense. At 50% level of production it was estimated as ₹1,50,000. If it has a tendency to increase by 10% between 60% and 75% capacity a

While preparing a flexible budget indirect wages was considered as a semi-variable expense. At 50% level of production it was estimated as ₹1,50,000. If it has a tendency to increase by 10% between 60% and 75% capacity and further will increase by another 5% when production crosses 75%, the amount of indirect wages at 90% level of production is: (A) ₹1,65,000 (B) ₹1,72,500 (C) ₹1,73,250 (D) None of the above