This is wrong and I can't figure out why?

More Info Woo did franchise her restaurant concept. Because of Happy Noodles' success, Value Noodles has come on the scene as a competitor. To maintain its market share, Happy Noodles will have to lower its sales price to $6.50 per bowl. At the same time, Happy Noodles hopes to increase each restaurant's volume to 6,000 bowls per month by embarking on a marketing campaign. Each franchise will have to contribute $600 per month to cover tha advertising costs. Prior to these changes, most locations were sellin More Info vls per month. More Info Woo believed people would pay $7.00 for a large bowl of noodles. Variable costs would be $2.45 a bowl creating a contribution margin of $4.55 per bowl. Fay Woo estimated monthly fixed costs for franchisees at $7,800. Franchisees wanted a minimum monthly operating income of $7,150. Requirement 2. Assuming that the price cut and advertising campaign are successful at increasing volume to the projected level, will the franchisees still earn their target profit of $7,150 per month? Show your calculations. ldentify the formula labels and compute the operating income after the changes New contribution margin per unit 4.05 6,000 24,300 7,800 15,900 x New sales volume units Contribution margin Less: New fixed expenses Operating income