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A recent income statement for BMW reports the following (in millions). Assume 75 percent of the cost of sales and 75 percent of the selling
A recent income statement for BMW reports the following (in millions). Assume 75 percent of the cost of sales and 75 percent of the selling and administrative costs are variable costs, and the remaining 25 percent of each is fixed BMW Automotive Group Sales 92,175 74,043 8,633 Cost of sales Selling and administrative expenses Compute the contribution margin (in millions). (Enter answers in millions of Euros. Do not round your intermediate calculations. Round your final answer to 2 decimal places.) BMW Automotive Group Contribution Margin Statement (in millions) Variable costs: 0.00
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