Question: Contibution Margin and Contribution Margin Ratico For a recent year, McDonald's company owned restaurants had the following sales and expenses (in millions) Sales Food and

Contibution Margin and Contribution Margin Ratico For a recent year, McDonald's company owned restaurants had the following sales and expenses (in millions) Sales Food and peckaging Payroll Occupency (rent, depreciation, etc) General, selling, and administrative expenses 18,169.3 6,129.7 4,755.0 4,402.6 2.487.9 17.776.2 5 393.1 Income from operations Assume that the variable costs consist of food and packaging, payroll, and 40% of the general, selling, and administrative expenses. d. What is McDonald's contribution margin? Round to the nearest tenth of a million (ome decimel plave), million b Whst is McDonald's contribution margin ratio? Round to one decimal place c. How much wou d incon e rom opera ons ncrease same-store sales nare sed by $500 million or the m n year, with no chan e in the contribution ma i ratio ar fixed na s' Ra nd your ans er o he nearest tenth of a million one de ,mal place
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