1. Use the contribution margin ratio approach to find a franchise's breakeven sales in dollars. Lo believes most locations could generate $96,500 in monthly sales. Is franchising a good idea for Lo if franchisees want a minimum monthly operating income of $25,500? 2. Owner Shan Lo is considering franchising her Noodles by Lo restaurant concept. She believes people will pay $11.00 for a large bowl of noodles. Variable costs are $5.50 per bowl. Lo estimates monthly fixed costs for a franchise at $16,500. Read the requirements. Requirement 1. Use the contribution margin ratio approach to find a franchise's breakeven sales in dollars Begin by showing the formula and then entering the amounts to calculate the breakeven point in sales dollars using the contribution margin approach. (Enter a "O" for any zero balances. Abbreviation used: CM contribution margin.) Required sales in dollars - )1 Requirement 2. Lo believes most locations could generate $96,500 in monthly sales. Is franchising a good idea for Lo if franchisees want a minimum monthly operating income of $25,500? Begin by showing the formula and then entering the amounts to calculate the targeted sales dollars required to earn the minimum monthly operating income of $25,500. (Abbreviation used: CM contribution margin.) Required sales in dollars - )1 Is franchising a good idea for Lo if franchisees want a minimum monthly operating income of $25,500? Since the predicted monthly sales of $96,500 are franchising concept a good idea. the amount of sales necessary to generate a minimum monthly operating income of $25,500, Lo's