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B htpsy For a recent year, wicker Company-owned restaurants nad the tollowing sales and expenses (in millions) Sales Food and packaging Payroll Occupancy (rent, depreciation,
B htpsy For a recent year, wicker Company-owned restaurants nad the tollowing sales and expenses (in millions) Sales Food and packaging Payroll Occupancy (rent, depreciation, etc.) General, selling, and administrative expenses $35,300 $12,358 8,900 7,882 5,100 $34,240 $1,060 Income from operations 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 milion. (Give answer in millions of dollars.) million b. What is Wicker Company's contribution margin ratio? Round to one decimal piace. from operations increase if same-store sales increased by $2,100 million for the coming year, with no n the contribution margin ratio or fixed costs? Round your answer to the closest million. O Type here to search
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