2. EX.20.09.ALGO (Algorithmic) Contribution Margin Ratio a. Young Company budgets sales of $1,160,000, fixed costs of $54,800, and variable costs of $243,600. What is the contribution margin ratio for Young Company? % b. If the contribution margin ratio for Martinez Company is 51%, sales were $722,000, and fixed costs were $290,890, what was the operating income? $ 3. EX.20.10.ALGO (Algorithmic) 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 Food and packaging Payroll Occupancy (rent, depreciation, etc.) General, selling, and administrative expenses Operating income $40,600 $(17,890) (10,200) (5,390) (5,900) $(39,380) $1,220