Contribution Margie and Contribution Margin Ratio For a recent year, McDonald's Company-owned restaurants had the following and expenses (in million $25.900 Food and packaging Payroll $9,592 6,500 Occupancy (rent, depreciation, etc.) 5.228 General, selling, and administrative expenses 3800 $25,120 Income from operations $780 Assume that the variable costs consist of food and packaging, payroll, and 40% of the general, selling, 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? e. How much would income from operations increase if same-store sales increased by $1,600 million for the coming year, with no change in the contribution margin ratio or fed costs? Round your answer to the closest million. million Check My Work (Previous Next > Email Instructor Save and Et Submit Assignment for Grading