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please help me put this answer has multiple parts and im struggling. Requirements 1. Use the contribution margin ratio approach to find a franchise's breakeven
please help me put this answer has multiple parts and im struggling.
Requirements 1. Use the contribution margin ratio approach to find a franchise's breakeven sales in dollars. 2. Lo believes most locations could generate $82,000 in monthly sales. Is franchising a good idea for Lo if franchisees want a minimum monthly operating income of $28,500 ? Explain your answer. monthly frod costs for a franchise at $13,500. Requirement 1. Use tre contribution margin ratio approach fo find a franchisers treakeven sales in dolaes. Abbreviation usod: CM = contribution margin? monely fined costs for a franchise of $13,500. Read the reavirements: Abtaremation used CM = contrbubon margn.) CDos Owner Shan Lo is considering franchiaing her Noodles by Lo restaurant concept. She beleves people will pay $9.00 for a larpe bowl of noodles. Variable costs are $3.60 per bewl. Lo estimates monitly foxed costs for a franchise at $13,500. Read the ceguirements Requirement 1, Use the contribution margin ratio approach to find a franchise's beakeven sales in dollars. Begin by showing the formula and then entering the amounts to calculate the breakeven point in sales dollan using the contribution margin approach. (Eirter a "Ot for any zero bulances. Abbreviation used: CM= contribution margin.) Requirements 1. Use the contribution margin ratio approach to find a franchise's breateven sales in dollars. 2. Lo bolioves most locations could generate $82,000 in menthly sales. is franchising a good idea for Lo if franchisees want a minimum monthly. operating income of $28,500 ? Explain your Step by Step Solution
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