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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

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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 $99.00 478,09 460,000 Nursing $268. 111, 157,600 Herals On Wheels 404,00 202,00 282.609 House keeping $ 258.000 157.000 181.ece Revenues Variable expenses Contribution margin Fixed expenses: Depreciation Liability insurance Program administrators" salaries General administrative overhead Total fixed expenses Net operating income (loss) 69.169 43.49 115,500 186,000 414,000 46,000 8,600 20. 9 40.000 53,600 122,600 34,400 40,189 7. 38.609 0,00 167,100 34,900 20,400 15.40 36.900 51,600 124,300 $(23,300) $ $ $ *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 $46,000 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 liability 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. Should the Housekeeping program be discontinued? 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 liability 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. Should the Housekeeping program be discontinued? 2-a. Prepare a properly formatted segmented income statement 2b. 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 Req 18 Reg 2A Req 28 What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? Reg JA Req 18 >

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