Answer A,B, and C

Austin, Inc, produces small-scale replicas of vintage automobiles for callectors and museurms. Finished products are built on a 1/20 scale of originals. The firm's income statement showed the following An automated stamping machine has been developed that can efficiently produce body frames, hoods, and doors to the desired scale. If the machine is leased, fixed expenses will increase by $39, 800 per year. The firm's production capacity will increase, which is expected to result in a 20% increase in sales volume. It is also estimated that labor costs of $28 per unit could be saved becaUse less polishing and finishing time will be required. a. Calculate the firm's current contribution margin ratio and break even point in terms of revenues. b. Calculate the firm's contribution margin ratio and break even point in terms of revenues if the new machine is leased. c. Calculate the firm's operating income assuming that the new machine is leased