Question: 9 . V Contribution margin and contribution margin ratio For a recent year, McDonald's (MCD) company-owned restaurants had the following sales and expenses (in millions):

9 . V Contribution margin and contribution margin ratio For a recent year, McDonald's (MCD) company-owned restaurants had the following sales and expenses (in millions): Sales Food and paper Payroll and employee benefits Occupancy and other expenses General, selling, and administrative expenses $22,000 $(3,000) (2,500) (4,000) (2,500) $(12,000) $10,000 Operating income Assume that the variable costs consist of food and paper, payroll, 25% of occupancy and other expenses, and 40% of the general, selling, and administrative expenses. a. What is McDonald's contribution margin? million b. What is McDonald's contribution margin ratio? Round to one decimal place. % c. How much would operating income increase if same-store sales increased by $900 million for the coming year, with no change in the contribution margin ratio or fixed costs? Round your answer to the nearest tenth of a million (one decimal place). million
 9 . V Contribution margin and contribution margin ratio For a

Cantribueion maryln ans contribution margin ratio For a rocent year, McDonald's (MCD) company-owned restaurants had the following sales and expenset (in imbonip): What is Mcoonalas centriutan murgin? inition b. What is Mcoonalers contration margin ratio? Round to one decimal place. costa? Bound your answer to the nearest tenth of a million (one decimal place). milion

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