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Contribution Margin and Contribution Margin Ratio For a recent year, McDonald's Company-owned restaurants had the...

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Contribution Margin and Contribution Margin Ratio For a recent year, McDonald's Company-owned restaurants had the following sales and expenses (Gin miltions): Sales Food and packaging Payroll Occupancy (rent, depreciation, etc.) $30.400 $12,732 7,700 4,658 General, selling, and administrative expanses 4 400 $29,490 Income from operations Assume that the variable costs consist of food and packaging, payroll, and 40% of t he general, seling, 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? your answer to the closest millon c. How much would incorme from operations increase if same-store sales increased by $1,800 million for the coming year, with no change in the contribution margin ratio or fixed costs? Round million (p

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