Contribution Margin and Contribution Margin Ratio For a recent year, Wicker Company-owned restaurants had the following sales and expenses (in millions): Sales $22,900 Food and packaging $10,055 Payroll 5,800 Occupancy (rent, depreciation, etc.) 3,055 General, selling, and administrative expenses 3,300 $22,210 Income from operations $690 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.) million b. What is Wicker Company's contribution margin ratio? Round your answer to one decimal place. C. How much would income from operations increase if same-store sales increased by $1,400 million for the coming year, with no change in the contribution margin ratio or fixed costs? Round your answer to the closest million. million

Contribution Margin and Contribution Margin to For a recent year, Wicker Company owned restaurants had the following sales and expenses (in millions) Sales $22.900 Food and packaging $10,055 Payroll 5.800 Occupancy (rent, depreciation, etc.) 3,055 General Selling and administrative expenses 3,300 $22,210 Income from operations 090 Assume that the variable costs consist of food and packaging, payroll and 40% of the general de pe .. What is Wicker Company's contribution margin? Round to the nearest million. (Give answer in millions of dollars.) million b. What is Wicker Company's contribution margin ratio? Round your answer to one decimal place. c. How much would income from operations increase same store sales increased by $1,400 million for the coming year with no change the contribution margin casts? Round your answer to the closest million. million