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Hi, I was trying to post this , I may have posted incorrectly so I am trying it again. thanks ! Check my Problem 12-19
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Check my Problem 12-19 Dropping or Retaining a Segment (LO12-2] 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. Total $927,000 $ 471,000 456,000 Home Nursing 262,000 $ 111,000 151,000 Meals On House- Wheels keeping 407,000 $ 258,000 203,000 157,000 204,000 101,000 Revenues Variable expenses Contribution margin Fixed expenses: Depreciation Liability insurance Program administrators' salaries General administrative overhead Total fixed expenses Net operating income (loss) 69,700 43,900 115,600 8,700 29,700 40,700 40,880 7,800 20,200 15,400 36,000 38,900 185,400 414,600 $ 41,400 $ 52,400 122,500 28,500 $ 81,400 51,600 168,900 123,200 35,100 $(22, 200) *Allocated on the basis of program revenues. Check Required: 1-a. What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? 1-b. 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? points eBook Complete this question by entering your answers in the tabs below. References Reg 1A Req 1B Reg 2A Reg 28 What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? Financial (disadvantage) Reg 13 > Chec Required: 1-a. What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? 1-b. Should the Housekeeping program be discontinued? 2-a. Prepare a properly formatted segmented income statement. 2-5. Would a segmented income statement format be more useful to management in assessing the long-run financial viability of the various services? points eBook Complete this question by entering your answers in the tabs below. Print References Reg 1A Reg 1B Req 2A Reg 28 Should the Housekeeping program be discontinued? OYes Reg 1A Req2A > A Complete this question by entering your answers in the tabs below. Req 1A Reg 1B Req 2A Req 2B points Prepare a properly formatted segmented income statement. eBook Total Home Nursing Meals On Wheels House keeping Print References 0 0 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) Check Required: 1-a. What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? 1-b. 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? Complete this question by entering your answers in the tabs below. Req 1A Reg 1B Reg 2A Reg 28 Would a segmented income statement format be more useful to management in assessing the long run financial viability of the various services? ONO Req 2A I was trying to post this , I may have posted incorrectly so I am trying it again. thanks !
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