The following figures relate to a manufacturing company producing a wide range of products which may be classified into three main groups:
|
Product Group |
Annual Sales Rs. |
Variable Cost Rs. |
|
L |
3,00,000 |
1,00,000 |
|
M |
3,00,000 |
2,00,000 |
|
N |
3,50,000 |
3,00,000 |
Fixed costs are (total) Rs. 2,50,000.
You are required to plot on a graph the marginal income slopes for the product groups in an alphabetical order to enable you to plot the average marginal income slope for the total output.