Owner Sue Lan is considering franchising her Noodles by Lan restaurant concept. She believes people will pay $5.50 for a large bowl of noodles. Variable costs are $3.30 per bowl. Lan estimates monthly fixed costs for a franchise at $7,500. Read the require inits n. Requirement 1. Use the contribution margin ratio approach to find a franchise's breakeven sales in dollars. Begin by showing the formula anv " 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.) Requirements 1. Use the contribution margin ratio approach to find a franchise's breakeven sales in dollars. 2. Lan believes most locations could generate $76,750 in monthly sales. Is franchising a good idea for Lan if franchisees want a minimum monthly operating income of $18,000 ? Explain your