Florida berry baskets harvest early season strawberries for shipment throughout the inted states in March. The strawberry farm is maintained by a permanent staff of 10 employeees and seasonal workers who pick and pack the strawberries. The strawberries are sold in crates containing 100 individiually packaged one-quart containers. affixed to each one quart container in the distinctive Flordia berry basket logo inviting buyers to "Enjoy the berry best strawberries in the world!" The selling price is $100 per crate, variable costs are $85 per crate, and fixed costs are $275,000 per year. in th eyear 2013, Flordia berry baskets sold 50,000 crates

a) Prepare a contribution income statement for the year ended December 31, 2013

b) Determine the company's 2013 operating leverage

c) calculate the percentage change in profits if sales Decrease by 10 percent

d) Management is considering the purchase of several berry picking machines. This will increase annual fixed costs to 375,000 and reduce variable costs to $81.50 per crate. Calculate the effect of this aquisition on operating leverage and explain any change.

! PLEASE EXPLAIN IN-DEPTH ! THANK YOU