Contribution margin and contribution margin ratio For a recent year, McDonalds (MCD) company-owned restaurants had the following sales and expenses (in millions): Line Item Description Amount Sales $22,000 Food and paper $(3,000) Payroll and employee benefits (2,500) Occupancy and other expenses (4,100) General, selling, and administrative expenses (4,400) Total $(14,000) Operating income $8,000 Assume that the variable costs consist of food and paper, payroll, 25% of occupancy and other expenses, and 40% of the general, selling, and administrative expenses. a. What is McDonald's contribution margin? fill in the blank 1 of 1$ million b. What is McDonald's contribution margin ratio? Round to one decimal place. fill in the blank 1 of 1 % c. How much