E11-10 Contribution margin and contribution margin ratio For a recent year, McDonald's (MCD) company-owned restaurants had the following sales a expenses (in millions): $16,488 TL $5,552 4,400 4,025 Sales Food and packaging Payroll Occupancy (rent, depreciation, etc.) General, selling, and admin. expenses Other expense Total expenses Operating income (loss) 2,434 209 (16,620) $ (132) Assume that the variable costs consist of food and packaging, payroll, and 45% of the general, selling, and administrative expenses. 493 a. What is McDon b. What is McDonald c. How much would ope por COST-Volume-Profit Analysis McDonald's contribution margin? Round to the nearest million. is McDonald's contribution margin ratio? Round to one decimal place. - much would operating income increase if same store sales increased by 5500 Cillion for the coming year, with no change in the contribution margin ratio or fixed costs what would have been the operating income or loss for the recent year if sales had been $500 million more? To achieve break even for the recent year, by how much would sales need to increase