Estimate the manufacturing cost per 100 kg of product under the following conditions: fixed-capital investment $4 million annual production output 9 millon kg of product raw materials cost = $0.25/kg of product utilities 800-kpa steam =50 kg/kg of product purchased electric power 0.9 kwh/kg of product filtered and softened water 0.083 m3/kg of product operating labor 12 persons per shift at $25.00 per employee-hour plant 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.