Owner Sue Lan is considering franchising her Noodles by Lan restaurant concept. She believes people will pay $5.00 for a large bowl of noodles Variable costs are $2.00 per bowl. Lan estimates monthly fixed costs for a franchise at $16.500 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 "O" for any zero balances. Abbreviation used: CM = contribution margin.) ) = Required sales in dollars ) Requirement 2. Lan believes most locations could generate $66.500 in monthly sales. Is franchising a good idea for Lan if franchisees want a minimum monthly operating income of $16,500? 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 $16,500 (Abbreviation used: CM = contribution margin.) = Required sales in dollars + + ) % Is franchising a good idea for Lan if tranchisees want a minimum monthly operating income of $16.500? Since the predicted monthly sales of $66,500 are the amount of sales necessary to generate a minimum monthly operating income of $16,500, Lan's franchising concept a good idea - X Requirements 1. Use the contribution margin ratio approach to find a franchise's breakeven sales in dollars. 2. Lan believes most locations could generate $66,500 in monthly sales. Is franchising a good idea for Lan if franchisees want a minimum monthly operating income of $16.500? Print Done Choose from any list or enter any number in the input fields and then continue to the next question. Is franchising a good idea for Lan if franchisees want a minimum monthly operating income of S16,500? Since the predicted monthly sales of $66,500 are the amount of sales necessary to generate a minimum monthly operating income of $16,500, Lan's franchising concept a good idea greater than Requirements less than -X Is franchising a good idea for Lan if franchisees want a minimum monthly operating income of $16,500? Since the predicted monthly sales of $66,500 are the amount of sales necessary to generate a minimum monthly operating income of S16,500, Lan's franchising concept a good idea. Requiremen is is not