Question: Contribution margin and contribution margin ratio For a recent year, McDonald's (MCD) company-owned restaurants had the followin Sales Food and paper Payroll and employee benefits
Contribution margin and contribution margin ratio For a recent year, McDonald's (MCD) company-owned restaurants had the followi Assume that the variable costs consist of food and paper, payroll, 25% of occupancy administrative expenses. a. What is McDonald's contribution margin? Round to the nearest tenth of a mi 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 $80 margin ratio or fixed costs? Round your answer to the nearest tenth of a millio milion Contribution margin and contribution margin ratio For a recent year, McDonald's (MCD) company-owned restaurants had the followi Assume that the variable costs consist of food and paper, payroll, 25% of occupancy administrative expenses. a. What is McDonald's contribution margin? Round to the nearest tenth of a mi 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 $80 margin ratio or fixed costs? Round your answer to the nearest tenth of a millio milion
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