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please answer the min and the requirements Owner Yuning Zhu is considering franchising her Oodles of Noodles restaurant concept. She believes people will pay $7.00
please answer the min and the requirements
Owner Yuning Zhu is considering franchising her Oodles of Noodles restaurant concept. She believes people will pay $7.00 for a large bowl of noodles. Variable costs are $2.45 a bowl. Zhu estimates monthly fixed costs for franchisees at $7,800. Read the requirements. Requirement 1. Find a franchisee's breakeven sales in dollars. Begin by identifying the formula to compute the sales in units at various levels of operating income using the contribution margin approach. )Contributionmarginratio=Breakevensalesindollars The breakeven sales in dollars is Requirement 2. Is franchising a good idea for Zhu if franchisees want a minimum monthly operating income of $7,150 and Zhu believes that most locations could generate $21,500 in monthly sales? The target sales in dollars to reach the minimum monthly operating income for franchises is Requirements 1. Find a franchisee's breakeven sales in dollars. 2. Is franchising a good idea for Zhu if franchisees want a minimum monthly operating income of $7,150 and Zhu believes that most locations could generate $21,500 in monthly salesStep by Step Solution
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