Contribution Margin and Contribution Margin Ratio For a recent year, Wicker Company-owned restaurants had the following sales and expenses (in millions): Sales $27,400 Food and packaging $10,680 Payroll 6,900 Occupancy (rent, depreciation, etc.) 5,000 General, selling, and administrative expenses 4,000 $26,580 Income from operations $820 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. % by $1,600 million for the coming year, with no change the contribution margin ratio or fixed costs? Round your answer to the c. How much would income from operations increase if same-store sales increas closest million. million