Contribution Margin and Contribution Margin Ratio For a recent year, McDugal's company-owned restaurants had the following sales and expenses (in millions): $31,600 Sales Food and packaging Payroll $7,376 8,400 Occupancy (rent, depreciation, etc.) 11,024 General, selling, and admin. expenses 4,800 Other expense 630 Total expenses (32,230) $(630) Operating income (loss) 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? Enter your answer in million, rounded to one decimal place. $ 13,904 million b. What is McDonald's contribution margin ratio? Round your percentage answer to one decimal place. L 44 % c. How much would operating income increase if same-store sales increased by $1,900 million for the coming year, with no change in the contribution margin ratio or fixed costs? $ 836 million d. What would have been the operating income or loss for the recent year if sales had been $1,900 million more? $ 206 million e. To achieve break even for the recent year, by how much would sales need to increase? Enter your anwer in million rounded to the nearest whole number. $ 468 million