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

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

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