Owner Jackie Lo Woo is considering franchising her Global Chopsticks restaurant concept. She believes people will pay $5.00 for a large bowl of noodles. Variable costs are $1.50 a bowl. Woo estimates monthly fixed costs for franchisees at $8,400. Read the reguirements. Requirement 1. Find a franchisee's breakeven 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. Owner Jackie Lo Woo is considering franchising her Global Chopsticks restaurant concept. She belie Variable costs are $1.50 a bowl. Woo estimates monthly fixed costs for franchisees at $8,400. Read the requirements. Requirements 1. Find a franchisee's breakeven sales in dollars. 2. Is franchising a good idea for Woo if franchisees want a minimum monthly operating income of $8,750 and Woo believes that most locations could generate $23,000 in monthly sales