Exercises Save Score: 0 of 1 pt 13 of 15 (0 complete) HW Score: 0%, 0 of 15 pts E21-34 (similar to) Question Help $ Owner Shirl Low is considering franchising her Noodles for a Low restaurant concept. She believes people will pay $10.00 for a large bowl of noodles. Variable costs are $5.00 per bowl Low estimates monthly forced costs for a franchise at $12,000 Requirements 1. Use the contribution margin ratio approach to find a franchise's breakeven sales in dollars 2. Low believes most locations could generate $58,500 in monthly sales. Is franchising a good idea for Low if franchisees want a on minimum monthly operating income of $16,500? Requirement 1. Use the contribution margin ratio approach to find a franchise's breakeven sales in dollar 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 balance. Abbreviation used: CM contribution margin.) = Required sales in dollars 1-6 (simile (sin SIA 1-16 (simile 33 (simila at to Choose from any drop-down list and then click Check Answer Check Answer parts Clear All