Owner Shan Lo is considering franchising her Noodles by Lo restaurant concept. She believes people will pay $5.00 for a large bowl of noodles. Variable costs are $2.00 per bowl. Lo estimates monthly fixed costs for a franchise at $15,000. 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.) Z = Required sales in dollars = % Requirement 2. Lo believes most locations could generate $82,500 in monthly sales. Is franchising a good idea for Lo if franchisees want a minimum monthly operating income of $27,000? 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 $27,000. (Abbreviation used: CM = contribution margin.) = Required sales in dollars + C % = Is franchising a good idea for Lo if franchisees want a minimum monthly operating income of $27,000? Since the predicted monthly sales of $82,500 are the amount of sales necessary to generate a minimum monthly operating income of $27,000, Lo's franchising concept a good idea. S or isn't greater than Choose from any list or enter any number in the less than n continue to the next