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Business, 24.04.2020 16:27 cschellfamily

A recent income statement for BMW reports the following (in € millions). Assume 75% of the cost of sales and 75% of the selling and administrative costs are variable costs, and the remaining 25% of each is fixed.

BMW Automotive Group
Sales € 92,175
Cost of sales 74,043
Selling and administrative expenses 8,633

Compute the contribustion margen (in € millions)

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