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I need help with C Thank you TONOWIng sales and expenses tons) Sales $18,000 Food and packaging $7,060 4,500 Payroll Occupancy (rent, depreciation, etc.) General,
I need help with C Thank you TONOWIng sales and expenses tons) Sales $18,000 Food and packaging $7,060 4,500 Payroll Occupancy (rent, depreciation, etc.) General, selling, and administrative expenses 3,300 2,600 $17,460 Income from operations $540 Assume that the variable costs consist of food and packaging, payroll, and 40% of the general, selling, and administrative expenes. a. What is McDonald's contribution margin? Round to the nearest million. (Give answer in millions of dollars.) 5,400 million b. What is McDonald's contribution margin ratio? 30 % C. How much would income from operations increase if same-store sales increased by $1,100 million for the coming year, with no change in the contribution margin ratio or fixed costs? Round your answer to the closest million. million Check My Work Previous Next
I need help with C
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