Instant answer or please skip 13 40 kg B A process factory uses 100 kg, of a particular material per batch of production. Three joint products are obtained from the process. Production quantity and selling price are estimated as below: Product Production per 100 kg. of the material Selling price Rs. 20 per kg. 30 kg Rs. 30 per kg. 200 litres Rs. 10 per litre Selling and distribution expenses are estimated at Rs. 800, Labour and overhead per batch are estimated at Rs. 1,058, Material handling cost is estimated at Rs. 100 per 100 kg. 2% of the materials at original cost (excluding handling cost) is retrieved at the end of each process and is used in the next batch of production The balance of raw materials, not accounted for, may be taken as invisible waste. The factory expects a profit of 10% on sales. Ascertain the purchase price of material that can be allowed, at the maximum, for each product