Contribution Margin and Contribution Margin Ratio For a recent year, McDonald's Company-owned restaurants had the following sales and expenses (in millons): Sales $25,200 Food and packaging $6,988 Payroll 6,400 Occupancy (rent, depreciation, etc.) 7,352 General, selling, and administrative expenses 3,700 $24,440 Income from operations $760 Assume that the variable costs consist of food and packaging, part of the general, selling, and administrative expenses a. What is McDonald's contribution margin? Round to the nearest million. (Give answer in millions of dollars.) million b. What is McDonald's contribution margin ratio? % c. How much would income from operations increase it same-store sales increased by $1,500 million for the coming year, with no change in the contribution margin ratio or fixed costs? Round your answer to the closest million million Break-Even Sales and Sales to Realize Income from Operations For the current year ended October 31, Friedman Company expects fixed costs of $780,800, a unit variable cost of $66, and a unit seling price of $98. a. Compute the anticipated break-even sales (units). units b. Compute the sales (units) required to realize Income from operations of $179,200. units