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The Weather Channel Google Wikipedia Facebook Twitter Linkedin and learning resource from Cengage Learning Yelp TripAdvisor Raw Feeding Pags Naturally saltwater fis.Google Search Contribution Margin

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The Weather Channel Google Wikipedia Facebook Twitter Linkedin and learning resource from Cengage Learning Yelp TripAdvisor Raw Feeding Pags Naturally saltwater fis.Google Search Contribution Margin And Contribution Margin Ratio. Chegg.com 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 $19,700 Food and packaging $(7,039) Payroll (5,000) Occupancy (rent, depreciation, etc.) (4,171) General, selling, and administrative expenses (2,900) $(19,110) Operating income $590 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? Round to the nearest million. (Give answer in millions of dollars.) million

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