A software project was estimated at 864 Function Points. A six-person team will be assigned to the project consisting of one requirement gathering person, one designer, two programmers and two testers. The salary of the requirement gatherer is Rs. 50,000 per month, the designer Rs. 70,000 per month, and each programmer and each tester Rs. 60,000 per month. The average productivity for the team is 12 Function Points per person-month. Which of the following represents the projected cost of the project?

1. A(A) Rs. 33,20,000
2. B(B) Rs. 43,20,000
3. C(C) Rs. 33,10,000
4. D(D) Rs. 22,10,000

Pick an option to check yourself, or open the answer below.