2 375 poets eBook Print References content rowser-and A Jackson County Senior Services is a nonprofit organization devoted to providing essential services to seniors who live in their own homes within the Jackson County area. Three services are provided for seniors-home nursing. Meals On Wheels, and housekeeping Data on revenue and expenses for the past year follow: Revenues Heals On sheels $401,000 197,000 Total Home Nursing $915,000 $ 264,000 467,000 115,000 445,000 149,000 House keeping $250,000 155,000 Variable expenses Contribution margin 204,000 35,000 Fixed expenses: Depreciation 70,200 8,900 20,100 40,900 20,400 Liability insurance 43,700 7,000 15,600 Program administrators" salaries 115,200 40,200 38,700 General administrative overhead 183,000 52,800 34,100 50,000 Total fixed expenses 80,200 167,500 412,100 122,700 122,100 Niet operating income (los) $ 35,900 $ 26,800 $16,400 5 (27,100) "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 $35.900 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 ability insurance and the salary of the program administrator would be avoided. Required: 1-a. What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? 1-b. Based on the financial advantage (disadvantage) of discontinuing the Housekeeping program calculated in requirement Req 1A. 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 viability of the various services? should 2-a. Prepare a properly formatted seg 2-b. Would a segmented income statement format be more useful various services? Complete this question by entering your answers in the tabs below. Req 1A Req 18 Reg 2A Reg 2B What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? Reg 1A Req 1B > Prev 2 of 4 Next >> 2 m 1-b. Based on should the Housekeepir 2-a Prepare a properly formatted 2-b. Would a segmented income statement various services? Complete this question by entering your answers in the tabs below. Req 1A Reg 18 Reg 2A Reg 28 Prepare a properly formatted segmented income statement. Total Meals On Wheels 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) Req 28 > eBook Print References Home Nursing