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g Contribution Margin and Contribution Margin Ratio For a recent year, McDonald's Company-owned restaurants had the following sales and expenses (in mittais) Sales $22,600 Food
g Contribution Margin and Contribution Margin Ratio For a recent year, McDonald's Company-owned restaurants had the following sales and expenses (in mittais) Sales $22,600 Food and packaging 58,122 Payroll 5,700 Occupancy (rent, depreciation, etc.) 4,798 General, selling and administrative expenses 3,300 $21.920 Income from operations $680 Assume that the variable costs consist of food and packaging, payroll, and 40% of the general, selling, and administrative expenses 2. What is McDonald's contribution margin Round to the nearest million (Give answer in millions of dollars.) million to. What is McDonald's contribution margin ratio? c. How much would income from operations increase of same-store sales increased by $1,400 million for the coming year, with no change in the contribution margin ratio red costs? Round your answer to the closest milion million
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