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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 millions): Sales $38,200 Food and

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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 millions): Sales $38,200 Food and packaging $9.552 Payroll 9,600 Occupancy (rent, depreciation, etc.) 12,298 General, selling and administrative expenses 5,600 $37,050 Income from operation $1,150 Assume that the variable costs consist of food and packaging payroll and 40 of the general selling and administrative expenses What is Wicker Company's contribution margin? Round to the nearest million (Give answer in millions of dollars.) mon b. What is wicker Company contribution margin ratio Round your answer to one decimal place. C. How much would income from operations increase if some store sales increased by $2,500 million for the coming year with no change in the contrbution margin ratio of costs Round your answer to the closest million million

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