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Owner Shen Lu is considering franchising her Noodles by Lu restaurant concept. She believes people will pay $7.00 for a large bowl of noodles. Variable costs are $3.50 per bow. Lu estimates monthly foxed costs for a franchise at $10,500 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 "0 for any zero balances. Abbreviation used: CM contribution margin.) Required sales in dollars Requirement 2. Lu believes most locations could generate $71,500 in monthly sales. Is franchising a good idea for Lu if franchisees want a minimum monthly operating income of $19,500 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 $19.500. (Abbreviation used: CM-contribution margin.) Required sales in dollars Is franchising a good idea for Lu if franchisees want a minimum monthly operating income of $19,500? V the amount of sales necessary to generatea Since the predicted monthly sales of $71,500 are Choose from any list or enter any number in the input fields and then continue to the next question. at $10,500. requiremants Requirements margin ratio approach to find a franchise's breakeven sales in 6 Requirements 1. Use the contribution margin ratio approach to find a franchise's breakeven sales in dollars. 2. Lu believes most locations could generate $71,500 in monthly sales. Is franchising a good idea for Lu if franchisees want a minimum monthly operating income of $19,500? Print Done anchising a good idea for Lu if franchisees want a minimum monthly operating income of $19,500 e the predicted monthly sales of $71,500 are the amount of sales necessary to gene ose from any list or enter any number in the input fields and then continue to the next questic