Owner Sue Lan is considering franchising her Noodles by Lan restaurant concept. She believes people will pay $7.00 for a large 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 = Required sales in dollars + ra large bowl of noodles. Variable costs are $3.50 per bowl. Lan estimates monthly fixed costs for a franchise at $10,500. Contribution margin approach. (Enter a "O" for any zero balances. Abbreviation used: CM = contribution margin.) i Requirements X 1. Use the contribution margin ratio approach to find a franchise's breakeven sales in dollars. 2. Lan believes most locations could generate $77,500 in monthly sales. Is franchising a good idea for Lan if franchisees want a minimum monthly operating income of $22,500? Explain your answer. Print Done