11B

aprogress false eBook Contribution Margin and Contribution Margin Ratio For a recent year, McDooley's, a family-owned group of restaurants, had the following sales and experses Sales for all restaurants $385.000 Food and paper $109,960 Payroll and employee benefits 92,100 Occupancy and other expenses 75,940 Selling, general, and administrative expenses 53,100 Other operating expenses 23,100 Net operating expenses (354,200) Operating income (loss) $30,800 Assume that the variable costs consist of food and paper, payroll and employee benefits, and 40% of the selling, general, and administrative expenses a. What is McDooley's contribution margin? Net operating expenses (354,200) Operating income (loss) $30,800 Assume that the variable costs consist of food and paper, payroll and employee benefits and 40 of the generander a. What is McDooley's contribution margin? b. What is McDooley's contribution margin ratio? Round your percentage answer to one decimal place. c. How much would operating income increase of the stores sales increased by $2,700 for the coming year wiss change in the intrbution marginea d. What would have been the operating income or loss for the recent year if sales had been 57,700 more? Ferdak Check My Woo a Sales minus variable costs equals contribution margin b. Contribution margin divided by Sales quals contribution marginal