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1a. 1b. 1c. 1d. please answer 1a., 1b., 1c., and 1d. completely 159,000 Revenues Variable expenses. Contribution margin Fixed expenses: Depreciation Liability insurance Program administrators'

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1a.

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1b.

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1c.

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1d.

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please answer 1a., 1b., 1c., and 1d. completely

159,000 Revenues Variable expenses. Contribution margin Fixed expenses: Depreciation Liability insurance Program administrators' salaries General administrative overhead Total fixed expenses Net operating income (loss) Home Meals On House- Total Nursing Wheels keeping $ 930,000 $ 269,000 $ 402,000 $ 259,000 472,000 110,000 204,000 158,000 458,000 198.000 101,000 00 69,200 8,800 40,200 20,200 43,500 20,700 7,500 15,300 115,700 40,500 38,800 36,400 186,000 53,800 80,400 51,800 414,400 123,800 166,980 123,700 $ 43,600 $ 35,200 $ 31,100 $(22,700) "Allocated on the basis of program revenues. The head administrator of Jackson County Senior Services, Judith Miyama, considers last year's net operating income of $43,600 to be unsatisfactory, therefore, she is considering the possibility of discontinuing the housekeeping program The depreciation in housekeeping is for a small van that is used to carry the housekeepers and their equipment from job to job. If the program were discontinued, the van would be donated to a charitable organization. None of the general administrative overhead would be avoided if the housekeeping program were dropped, but the liability insurance and the salary of the program administrator would be avoided. What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? Should the Housekeeping program be discontinued? OYes ONO Prepare a properly formatted segmented income statement. Total Home Nursing Meals On Wheels House keeping Revenues Variable expenses Contribution margin Traceable fixed expenses Depreciation Liability insurance Program administrators' salaries Total traceable fixed expenses Program segment margins General administrative overhead Net operating income (loss) Would a segmented income statement format be more useful to management in assessing the long-run financial viability of the various services? Yes ONO

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