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help me please EQuesibon Heip Before franchising her Global Wok restaurant conoept, owner Shan Lo had made the following assumptions (Cick the lcon to view

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EQuesibon Heip Before franchising her Global Wok restaurant conoept, owner Shan Lo had made the following assumptions (Cick the lcon to view the assumptions.) (Clck the icon to view more information.) Mone Info Read the reauirements Requirement 1. What was the average restaurants operating income before these changes? Lo beleved people would pay $5.00 for a large bowl of noodles. Variable costs would be $1.50 a bowl creating a contbution margin of $3.50 per bowl. Shan Lo estimated monthly fixed costs for franchisees at $8,400. Franchisees wanted a minimum monthly operating income of $8.750. Identily the formula labels and computte the operating income before the changes Contribution margin per unit 350 6.500 Average sales volume units $ 22.750 Print Done Contribution margin 8400 Less: Fixed expenses 14.350 Operating income More Info Requirement 2. Assuming that the price out and advertising campaign are successful at increasing volur Bhow your calcuiations Identify the formula labels and computte the operating income ater the changes Lo did franchise her restaurant concept. Because of Global Wok success, Noodles Plus has come on the scene as a competitor. To maintain ts market share, Global Wok will have to lower its sales price to $4.50 per bowl. At the same tima, Global Wok hopes to increase each restaurants volume to 7.000 bowls per month by embaking on a marketing campaign. Each franchise will have to contribute $400 per month to cover the advertising costs. Prior to these changes most locations were seling 6,500 bowls per month New contribution margin per unit New sales volume units Contribution margin New faxed expenses Less Operating income Print Done

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