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Attached are records of senior center (000's omitted) Home Meals on House nursing wheels keeping Total Sales 260 400 240 900 Variable expenses 120 210
Attached are records of senior center | ||||
(000's omitted) | ||||
Home | Meals on | House | ||
nursing | wheels | keeping | Total | |
Sales | 260 | 400 | 240 | 900 |
Variable expenses | 120 | 210 | 160 | 490 |
Contribution margin | 140 | 190 | 80 | 410 |
Fixed expenses | ||||
Depreciation | 8 | 40 | 20 | 68 |
Liability insurance | 20 | 7 | 15 | 42 |
Administrator salary | 40 | 38 | 37 | 115 |
General Adm expenses | 52 | 80 | 48 | 180 |
Total fixed expense | 120 | 165 | 120 | 405 |
Net income | 20 | 25 | -40 | 5 |
Should housekeeping be eliminated ? |
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