accounting questions

Owner Shen Luis considering franchising her Noodles by Lu restaurant concept. She believes people will pay $6.50 for a large bowl of noodles. Variable costs are $3.25 per bowl. Lu estimates monthly fixed costs for a franchise at $3,000. 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 "0" for any zero balances. Abbreviation used. CM contribution margin.) Fixed costs + Target profit) CM ratio Required sales in dollars 1)