A component can be produced by any of the four processes I, II, III and IV. Process I has a fixed cost of Rs 20 and variable cost of Rs 3 per piece. Process II has a fixed cost of Rs 50 and variable cost of Re 1 per piece. Process III has a fixed cost of Rs 40 and variable cost of Rs 2 per piece. Process IV has a fixed cost of Rs 10 and variable cost of Rs 4 per piece. If the company wishes to produce 100 pieces of the component, from economic point of view it should choose

• A. Process I
• B. Process II
• C. Process III
• D. Process IV