Contribution Margin Ratio a. Young Company budgets sales of $1,200,000, fed costs of $51,300, and variable costs of $228,000. What is the contribution margin ratio for Young Company b. If the contribution margin ratio for Martinez Company is 38% sales were $714,000, and fixed costs were $199,060, what was the operating income? Contribution Margins and Contribution Margin Ratio For a recent year, McDonald's (MCO) company owned restaurants had the following sales and expenses (in Millions): Sales $39,700 Food and packaging $(11,500) Payroll (10,000) Occupancy (rent, depreciation, etc.) (11.210) General, selling and administrative expenses (5,000) (38.510) Operating income 51.190 Assume that the variabile con consist of food and packagino, avrol, and on the generating and drive 4. What Is McDonald's contribution margin? Round to the nearest million. (Give answer in millions of dollars.) millon b. What is McDonald's contribution margin ratio C. How much would operating income increase if same store sales increased by $2.400 million for the coming year with no change in the contribution marginabot Round your answer to the closest million million