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Contribution Margin and Contribution Margin Ratio For a recent year, Wicker Company-owned restaurants had the following sales and expenses (in cullions): Assurne that the variabio

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Contribution Margin and Contribution Margin Ratio For a recent year, Wicker Company-owned restaurants had the following sales and expenses (in cullions): Assurne that the variabio costs consist of food and packaging: payroll; and 40% of the general, selling, and administrative expenses. a. What is Whcker Company's contnbution margin? Round to the nearest million. (Give answer in millions of dollars.) mulion b. What is Wicker Company's contnbution margin ratio? Round your answer to one decimal place. C. How much would income from operations increase if same-stpie sales increased by $1,000 millicen for the corring year, with no change in the contribution margin rabo or fored conts? Round your answer to the closest million. milion

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