The following is the cost and other useful data for a chemical industry: Fixed-capital investment = Rs. 800 Lakhs Annual production output = 10 million kg of product our 21-202123nt514-826 Raw materials cost Operating labor 100 psig steam Price of steam Purchased electrical power Price of electrical power Process water Price of process water = Rs. 4.8/kg of product = 20 men per shift at Rs. 240 per employee-hour = 50 kg/kg of product = Rs. 96/1000 kg = 0.4 kWh/kg of product = Rs. 5/kWh = 10 gal/kg of product = Rs. 1.2/1000 gal operates three hundred 24-h days per year. Corrosive liquids are involved. Shipments are in bulk carload lots. A large amount of direct supervision is required. There are no patent, royalty, interest, or rent charges. Plant-overhead costs amount to 50 percent of the cost for operating labor, Supervision, and maintenance. Estimate the manufacturing cost of product per year.