Owner Shirl Le is considering franchising her Noodles by Le restaurant concept. She believes people will pay $8.00 for a large bowl of noodles. Variable costs are $4.80 per bowl. Le estimates monthly fixed costs for a franchise at $6,000. 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.) Requirement 2. Le believes most locations could generate $106,250 in monthly sales. Is franchising a good idea for Le if franchisees want a minimum monthly operating income of $31,500 ? Explain your answer. 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 $31,500. (Abbreviation used: CM= contribution margin.) Is franchising a good idea for Le if franchisees want a minimum monthly operating income of $31,500 ? Explain your answer. Since the predicted monthly sales of $106,250 are the amount of sales necessary to generate a minimum monthly operating income of $31,500, Le's franchising concept a good idea. Requirements 1. Use the contribution margin ratio approach to find a franchise's breakeven sales in dollars. 2. Le believes most locations could generate $106,250 in monthly sales. Is franchising a good idea for Le if franchisees want a minimum monthly operating income of $31,500 ? Explain your