1. 2. Owner May Woo Lo is considering franchising her Oriental Express restaurant concept She believes people will pay $5.75 for a large bowl of noodles Variable costs are $2.30 a bowl. Lo estimates monthly fixed costs for franc at $9,000 Requirements Use the contribution margin ratio shortcut approach to find a franchisee's break-even sales in dollars Is franchising a good idea for Lo if franchisees want a minimum monthly operating income of 55,700 and Lo believes most locations could generate $32,000 in monthly sales? Requirement 1. Use the contribution margin ratio shortcut approach to find a franchisee's break-even sales in dollars Begin by identifying the formula to compute the sales in units at various levels of operating income using the contribution margin approach Break-even sales in dollars (Round your answer up to the nearest whole dollar.) The break-even sales in dollars is $ Requirement 2. Is franchising a good idea for Lo if franchisees want a minimum monthly operating income of $5 700 and Lo believes most locations could generate 532,000 in monthly sales? The target sales in dollars to reach the minimum monthly operating income for franchisees is s May Woo Lo's franchising concept idea She expects most locations the sales required to earn the target profit Choose from any drop-down list and then continue to the next question Save for Later 10:13 PM 2 AC 40 ENG O Type here to search 1. May Woo Lo is considering franchising her Oriental Express restaurant concept. She believes people will pay $5.75 for a large bowl of noodles. Variable costs are $2.30 a bowl to estim at $9,000. Requirements Use the contribution margin ratio shortcut approach to find a franchisee's break-even sales in dollars. 2. Is franchising a good idea for Lo if franchisees want a minimum monthly operating income of $5,700 and Lo believes most locations could generate $32,000 in monthly sales? Requirement 1. Use the contribution margin ratio shortcut approach to find a franchisee's break-even sales in dollars. Begin by identifying the formula to compute the sales in units at various levels of operating income using the contribution margin approach. Fixed expenses Break-even sales in dollars (Round your answer up to the nearest whole dollar.) The break-even sales in dollars is $1 Requirement 2. Is franchising a good idea for Lo if franchisees want a minimum monthly operating income of $5,700 and Lo believes most locations could generate $32.000 in monthly sales? The target sales in dollars to reach the minimum monthly operating income for franchisees is $0 May Woo Lo's franchising concept idea. She expects most locations the sales required thearn the target profit. could sell more than Choose from any drop-down list and then continue to the next question would not meet the Save for Later o e e so Type here to search margin ratio shortcut approach to find a franchisee's break-even sales in dollars. 2. Is franchising a good idea for Lo if franchisees want a minimum monthly operating income of $5,700 and Lo believes most locations could generate 53 Requirement 1. Use the contribution margin ratio shortcut approach to find a franchisee's break-even sales in dollars. Begin by identifying the formula to compute the sales in units at various levels of operating income using the contribution margin approach (Fixed expenses Break-even sales in dollars (Round your answer up to the nearest whole dollar.) The break-even sales in dollars is $ Requirement 2. Is franchising a good idea for Lo if franchisees want a minimum monthly operating income of $5,700 and Lo believes most locations could ge The target sales in dollars to reach the minimum monthly operating income for franchisees is $ May Woo Lo's franchising concept the sales required to earn the target profit. idea. She expects most locations ho is a good he next question is not a good Choose from any drop-down list a Save for Later e e i e Type here to search