At the beginning of the year Munford Regionals chief competitor is planning to open a brand new Women and Children's Hospital nearby. As a result, Mumford expects all its laboratory needs to decrease by 20% in feb-August. Given the information in Table 16-3. Should Mumford continue to offer laboratory care? Why or why not?

TABLE 16-3 Alternative Hours-Worked Budget for Laboratory Forecast Budget" Flexible Budget"* January 3,043 2.967 February 3.043 2.830 March 3,043 3,050 April 3,043 3,022 May 3,043 2.967 June 3,043 2830 July 3,043 2.885 August 3.043 2,747 September 3.043 2.857 October 3.043 2,885 November 3,043 2,885 December 3,043 2,912 Total 36,516 34.837 0.5061 x 72,160)/12 3,043.35