Contribution Margin and Contribution Margin Ratio For a recent year, McDugal's company-owned restaurants had the following sales and expenses (in millions): Sales $35,000 Food and packaging $10,240 Payroll 9,300 10,060 Occupancy (rent, depreciation, etc.) General, selling, and admin. expenses 5,400 Other expense 700 Total expenses (35,700) Operating income (loss) $(700) 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. 13,300 million $ b. What is McDonald's contribution margin ratio? Round your percentage answer to one decimal place. 38 % C. How much would operating income increase if same-store sales increased by $2,100 million for the coming year, with no change in the contribution margin ratio or fixed costs? $ 8,718 X million d. What would have been the operating income or loss for the recent year if sales had been $2,100 million more? $ 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. $ million