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2-40 Government Organization A social welfare agency has a government budget appropriation for 19X6 of $900,000 The agency's major mission is to help handicapped persons
2-40 Government Organization A social welfare agency has a government budget appropriation for 19X6 of $900,000 The agency's major mission is to help handicapped persons who are unable to hold jobs On the average, the agency supplements each person's other income by $5,000 annually The agency's fixed costs are $290.000. There are no other costs. 1. How many handicapped persons are helped during 19X6? 2. For 19X7, the agency's budget appropriation has been reduced by 15%. If the ager I handicappe continues the same level of monetary support per person, how many persons will be helped in 19X7? Compute the percentage decline in the number persons helped. 3. Assume a budget reduction of 15%, as in requirement 2. The manager of the agens has discretion as to how much to supplement each handicapped person's incone She does not want to reduce the number of persons served. On the average, what the amount of the supplement that can be given to each person? Compute the pe centage decline in the annual supplement. 2-41 Analysis of Airline Results
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