IIS 404 error while running ASP.NET MVC on IIS 7 (Production)

Fix : ASP.NET MVC dlls are missing. Check if you have following dlls in the bin of deployment folder.

System.Web.MVC
System.Web.Razor
System.Web.Abstractions
Microsoft.Web.Infrastructure
System.Web.WebPages
System.Web.WebPages.Razor
System.Web.WebPages.Deployment
System.Web.Helpers