ent/takeAssig BessionLocator Sinprogress-false For a recent year, McDonald's (MCO) company-owned restaurants had th. google.com eBook Contribution Margin and Contribution Margin Ratio For a recent year, McDonald's (MCD) company-owned restaurants had the following sales and expenses (in millions): Sales $39,800 Food and packaging $(14,744) Payroll (10,000) Occupancy (rent, depreciation, etc.) (8,066) General, selling, and administrative expenses (5,800) $(38,610) Operating income $1,190 Assume that the variable costs consist of food and packaging, payroll, and 40% of the general, selling, and administrative expenses. b. What is McDonald's contribution margin? Round to the nearest million. (Give answer in millions of dollars.) million . What is McDonald's contribution margin ratio? How much would operating income increase if same-store sales increased by $2,400 million for the coming year, with no change in the contri ratio orixed costs 7 Round your answer to the closest million min Chad My Won Previous O & ( ) + % 5 * 00 11 3 4 6 9 7 e u i 0 I p