Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1 Jackson County Sent Services to a nonront organised to provides to the homes win the back on County Sex Three services are provided to

image text in transcribed
1 Jackson County Sent Services to a nonront organised to provides to the homes win the back on County Sex Three services are provided to serve in Meals on When and how Data on revenue and expenses for the past year follow 00:39:41 Total Heve 1931,00 Variable . 483.000 contributiara 182000 Free Deprecat 7, > Llity in 18.00 10 Programiratur salaries . 8,10 ,460 General walitative whead 100,00 13,00 El M. Total Fixed 10 Het rating incute(s) $50.00 $24. 1 44100 located on the basis of program revenues The head administrator of Jackson County Senior Services, Judith Myoma, considers last year net operating come of 552100 16 be unsatisfactory, therefore, she is considering the possibility of discontinuing the housekeeping program The depreciation in housekeeping is for a small van that is sed to carry the housekeepers and the equipment from job to the program were discontinued, the van would be donated to a charitable organization. None of the generale overhead would be avoided if the housekeeping program were dropped, but the liability insurance and the sale of the program administrator would be avoided Required: 1. What is the financial advantage disadvantages of discontinuing the Housekeeping program 1. Based on the financial advantage disadvantage of discontinuing the Housekeeping program calculated in requirement Regia should the Housekeeping program be discontinued? 2 a Prepare a properly formatted segmented income statement 2 b. Would a segmented income statement format be more useful to management in assessing the long run financial ability of the various services? the talis clow 1 Jackson County Sent Services to a nonront organised to provides to the homes win the back on County Sex Three services are provided to serve in Meals on When and how Data on revenue and expenses for the past year follow 00:39:41 Total Heve 1931,00 Variable . 483.000 contributiara 182000 Free Deprecat 7, > Llity in 18.00 10 Programiratur salaries . 8,10 ,460 General walitative whead 100,00 13,00 El M. Total Fixed 10 Het rating incute(s) $50.00 $24. 1 44100 located on the basis of program revenues The head administrator of Jackson County Senior Services, Judith Myoma, considers last year net operating come of 552100 16 be unsatisfactory, therefore, she is considering the possibility of discontinuing the housekeeping program The depreciation in housekeeping is for a small van that is sed to carry the housekeepers and the equipment from job to the program were discontinued, the van would be donated to a charitable organization. None of the generale overhead would be avoided if the housekeeping program were dropped, but the liability insurance and the sale of the program administrator would be avoided Required: 1. What is the financial advantage disadvantages of discontinuing the Housekeeping program 1. Based on the financial advantage disadvantage of discontinuing the Housekeeping program calculated in requirement Regia should the Housekeeping program be discontinued? 2 a Prepare a properly formatted segmented income statement 2 b. Would a segmented income statement format be more useful to management in assessing the long run financial ability of the various services? the talis clow

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting The Basis For Business Decisions

Authors: Robert F. Meigs, Walter B Meigs

5th Edition

007041551X, 9780070415515

More Books

Students also viewed these Accounting questions