1. Contribution Margin and Contribution Margin Ratio

For a recent year, Wicker Company-owned restaurants had the following sales and expenses (in millions):

Sales	$38,100
Food and packaging	$11,822
Payroll	9,600
Occupancy (rent, depreciation, etc.)	10,038
General, selling, and administrative expenses	5,500
	$36,960
Income from operations	$1,140

Assume that the variable costs consist of food and packaging; payroll; and 40% of the general, selling, and administrative expenses.

a. What is Wicker Company's contribution margin? Round to the nearest million. (Give answer in millions of dollars.) $fill in the blank 1 million

b. What is Wicker Company's contribution margin ratio? Round your answer to one decimal place. fill in the blank 2 %

c. How much would income from operations increase if same-store sales increased by $2,300 million for the coming year, with no change in the contribution margin ratio or fixed costs? Round your answer to the closest million. $fill in the blank 3 million

2. Break-Even Sales and Sales to Realize a Target Profit

For the current year ending October 31, Papadakis Company expects fixed costs of $477,500, a unit variable cost of $51, and a unit selling price of $76.

a. Compute the anticipated break-even sales (units). fill in the blank 1 units

b. Compute the sales (units) required to realize a target profit of $110,000. fill in the blank 2 units