An analytical Marginal cost study of Jindal Steel & Industries

The concept of marginal cost is based on the variable cost and fixed cost of the production. Variable expenses depend on sales and production of the company, when fixed cost is periodic cost. Marginal cost is increase or decrease in cost to produce of a unit after certain production units. Generally, marginal costing depends on the contribution, where contribution is the difference between the sales and the variable cost of the production. The company's contribution is more than its fixed cost as it is more profitable.