need help ASAP... thanks in advance.. the services on help as been a huge help in my learning and studying..

machine that allows the uses to peaform a number of different ecercises) and a set of free weights. Ironpr sells the jny-Bet to sporting goods stores for S200The fire weights sell for $75 per set. The projected income statement for the coming year follows Ironjay. Inc produnces wo types of weight-training equipmesn the jay-fex (a weight Less: Vaciable expenses Contribution margin $210,000 157.500 Less: Fixed expenses Operating income 52,500 The owner of Ironjay estimates that 40 percent of the sales revenues will be produced by sales of the jay-flex, with the remaining 60 percent by free weights. Tbe jay-flex is also responsible for 40 percent of the variable expeises. Of che fixed expenses rd are common to both products, and one-half are direcaly traceable to the jay-flex line. Required: 1. Compure the sales revenue that must be earned for Ironjay to break even. 2. Compute the number of jay-flex machines and free weight sets that must be sold 3. Compute the degree of operating leverage for lronjay. Now, auume thas 4. Ironjay is considering adding a new product-the jay-rider. The jay-rider is a cross for Ironjay to break even. actual revenues will be 40 percent higher than the projected revenues. By what increase with this change in sales volume between a rowing machine and a stationary bicycle (like the Nordic rider TM). For the first year, Ironjay estimates thar the jay-rider will cannibalize 600 units of ales from the jay-flex. Sales of free weight sets will remain unchanged. The jay-rider will sell for $180 and have variable costs of $140. The increase in fixed costs to support manufacrure of this product is $5.700. Compute the number of jay-ficx machines, free weight sets, and jay-riders that must be sold for Ironjay to beeak even. For the coming year, is the addition of the jay-tider a good idea? Why ox why not? Why might Ironjay choose to add the jay-rider anyway