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question 11 Contribution Margin and Contribution Margin Ratio For a recent...

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Accounting

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Contribution Margin and Contribution Margin Ratio For a recent year, McDonald's (MCD) company-owned restaurants had the following sales and expenses (in miliions): Assume thot the variable costs consist of food and pockaging, payroll, and 40% of the genaral, seling, and administrative expenses. a. What is McDonala's contribution margin? Round to the nearest militon. (Give answer in millions of doilars.) million b. What is McDonald's contribution margin ratio? c. How much would operating income increase if same store sales increased by $2,400 minlion for the coming year, with no change in the contribution margi. ratio of fliesed costs? Round your answer to the closest milion. mailion

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