. Owner Shirl Low is considering franchising her Noodles by Low restaurant concept. She believes people will pay $6.00 for a large bowl of noodles Vanable costs are $1.50 per bowl Low estimates monthly foxed costs for a franchise at $13,500) Read the Cequirement 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.) Required sales in dollars % Requirement 2. Low believes most locations could generate $70,000 in monthly sales Is franchising a good idea for Low if franchisees want a minimum monthly operating income of $30,000? 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 $30,000 (Abbreviation used CM contribution margin) % Required sales in dollars Is franchising a good idea for Low if Since the predicted monthly sales of $70,000 are franchising concept a good idea. franchisees want a minimum monthly operating income of $30,000? Explain your answer the amount of sales necessary to generate a minimum monthly operating income of $30,000, Low's