contribution margin in contribution margin ratio for a recent year wicker company owned restaurants have the following sales and expenses in millions sales 18,200

Contribution Margin and Contribution Margin Ratio For a recent year, Wicker Company-owned restaurants had the following sales and expenses (in millions): $18,200 $7,282 Sales Food and packaging Payroll Occupancy (rent, depreciation, etc.) General, selling, and administrative expenses 4,600 3,168 2,600 $17,650 Income from operations $550 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 to one decimal place. 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