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PLEASE ANSWER ALL QUESTIONS CORRECTLY. WILL UPVOTE. Contribution Margin and Contribution Margin Ratio For a recent year, Wicker Company-owned restaurants had the following sales and

PLEASE ANSWER ALL QUESTIONS CORRECTLY. WILL UPVOTE.image text in transcribed

Contribution Margin and Contribution Margin Ratio For a recent year, Wicker Company-owned restaurants had the following sales and expenses (in millions): 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. % $ million

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