Contribution Margin and Contribution Margin Ratio For a recent year, McDonald's company-owned restaurants had the following...
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Contribution Margin and Contribution Margin Ratio For a recent year, McDonald's company-owned restaurants had the following sales and expenses (in millions): Sales Food and packaging Payroll $12,718.9 $4,033.5 3,528.5 Occupancy (rent, depreciation, etc.) 2,847,6 General, selling, and administrative expenses 2,231.3 12,640.9 $78.0 Income from operations Assume that the variable costs consist of food and packaging: payroll; and 40% of the general, selling, and administrative expenses. What is McDonald's contribution margin Mound to the nearest tenth of a million (one decimal place) dion b. What is McDonald's contributon margin ratio? Round your answer to one decimal place How much would come from operations esse cane-store sales increased by $500 on for the coming year with no change in the tuto margt or dots? Round your answer to the seat of a milli (one decimal place). mon Contribution Margin and Contribution Margin Ratio For a recent year, McDonald's company-owned restaurants had the following sales and expenses (in millions): Sales Food and packaging Payroll $12,718.9 $4,033.5 3,528.5 Occupancy (rent, depreciation, etc.) 2,847,6 General, selling, and administrative expenses 2,231.3 12,640.9 $78.0 Income from operations Assume that the variable costs consist of food and packaging: payroll; and 40% of the general, selling, and administrative expenses. What is McDonald's contribution margin Mound to the nearest tenth of a million (one decimal place) dion b. What is McDonald's contributon margin ratio? Round your answer to one decimal place How much would come from operations esse cane-store sales increased by $500 on for the coming year with no change in the tuto margt or dots? Round your answer to the seat of a milli (one decimal place). mon
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