How do you get 33% margin. As you have already considered fixed costs, the COGS in the margin would only include variable COGS. I think this would exclude labour except incremental staff required and OT etc. Therefore margin calculation s/be revenue less variable costs. Variable costs will be raw materials, some energy ....and not much else. I think this would be well above 33%
MCE Price at posting:
33.0¢ Sentiment: Buy Disclosure: Held
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