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JIUN Me How Calculator DiyanentSessionLocat... Contribution Margin and Contribution Margin Ratio For a recent year,...

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JIUN Me How Calculator DiyanentSessionLocat... Contribution Margin and Contribution Margin Ratio For a recent year, McDonald's (MCD) company-owned restaurants had the following sales and expenses (in millions): Sales $30,900 Food and packaging $(9,249) Payroll (7,800) Occupancy (rent, depreciation, etc.) (8,421) General, selling, and administrative expenses (4,500) $(29,970) Operating income $930 assume that the variable costs consist of food and packaging, payroll, and 40% of the general, selling, and administrative expenses. . What is McDonald's contribution margin? Round to the nearest million. (Give answer in millions of lars.) million . What is McDonald's contribution margin ratio? - How much would operating income increase if same-store sales increased by $1,900 million for the coming year with no change in the cont margin ratio or fixed costs? Round your answer to the closest million. million Previous

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