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More info Wong believed people would pay $5.50 for a large bowl of noodles. Variable costs would be $2.75 a bowl creating a contribution margin of $2.75 per bowl. Lei Wong estimated monthly fixed costs for franchisees at $8,750. Franchisees wanted a minimum monthly operating income of $3,500. More info Wong did franchise her restaurant concept. Because of Global Chopsticks' success, Value Noodles has come on the scene as a competitor. To maintain its market share, Global Chopsticks will have to lower its sales price to $5.00 per bowl. At the same time, Global Chopsticks hopes to increase each restaurant's volume to 6,500 bowls per month by embarking on a marketing campaign. Each franchise will have to contribute $500 per month to cover the advertising costs. Prior to these changes, most locations were selling 6,000 bow/s per month. Requirement 1. Wiat was the tverage restaurante optrating income belcre these changes? identsy the formula labels and compule the operating noome before the changes. Identify the formila labels and compuite the opecaling income after the changes. Cuting the saies price and advertiving