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Marginal cost and fixed cost are two important concepts in cost accounting. While both concepts are essential in determining the total cost of production, they differ in several aspects. 

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Basis of comparison	Marginal cost	Fixed cost
Definition	The additional cost incurred by producing one more unit of a product	The cost that does not change with the changes in the level of production
Nature	Variable cost

		Rs.					Rs.
To Cost of goods sold		3,00,000		By Sales			5,00,000
To Interest on Debentures		10,000		By Income		from	10, 000
				Investment
To Provision for Taxation		1,00,000
To Net Profit		1,00,000
		5,10,000					5,10,000

 Balance Sheet as on 31.3.2020

Liabilities	Rs.		Assets						Rs.
Share Capital	3,00,000		Fixed Assets						4,50,000
Reserves	1,00,000		Investments in Govt. Bonds						1,00,000
10% Debentures	1,00,000		Current Assets						1,50,000
Profit and Loss a/c	1,00,000
Provision for Taxation	1,00,000
	7,00,000								7,00,000

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