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: Home Meals On House- Total Nursing Wheels keeping $931,000 $264,000 $410,000 $ 257,000 476,000 115,000 204.000 157.000 455,000 149.000 206,000 100,000 Revenues Variable expenses Contribution margin Fixed expenses Depreciation Liability insurance Program inistrators' salaries General administrative overhead Total tied expenses Het operating incon (lons 69,700 3.100 41.000 20,600 43,800 20,700 7,500 15,600 114,000 40,100 38,900 35,000 115.200 52.800 12.000 51.400 414,500 121,700 123,400 $ 40,500 27.300 5 36.600 $(23,400) *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 $40,500 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 it the housekeeping program were dropped, but the ability insurance and the salary of the program administrator would be avoided Required: 1. What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? 15. Based on the financial advantage disadvantage of discontinuing the Housekeeping program calculated in requirement Req IA should the Housekeeping program be discontinued? 2- Prepare a property formatted segmented income statement 2. 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. REGLA Res ah Reg 20 What is the financial advantage (disadvantage of discontinuing the Housekeeping programy UL. LALU AYOLES Net operating income (loss) 19 Juu LLATO 2020 $ 40,500 $ 27,300 $ 36,600 $(23,400) *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 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 program were discontinued, the van would be donated to a charitable organization. None of the general administrative ov would be avoided if the housekeeping program were dropped, but the liability insurance and the salary of the program ad would be avoided. Required: 1-a. What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? 1-b. Based on the financial advantage (disadvantage) of discontinuing the Housekeeping program calculated in requiremen 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 viabili various services? Complete this question by entering your answers in the tabs below. Reg 2A Req 1A Reg 1B Req 28 Based on the financial advantage (disadvantage) or discontinuing the Housekeeping program calculated in requirement Req 1A, should the Housekeeping program be discontinued? Yes ONO Required: 1-a. What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? 1-b. Based on the financial advantage (disadvantage) of discontinuing the Housekeeping program calculated in 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 fin various services? Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Req 2A Req 2B Prepare a properly formatted segmented income statement, Total Home Nursing Meals On Wheels House- keeping Revenues Variable expenses Contribution margin Traceable foxed expenses Depreciation Liability insurance Program administrators salaries Total traceable fixed expenses Program segment margins General administrative overhead Net operating income (loss) "Allocated on the basis of program revenues. The head administrator of Jackson County Senior Services, Judith Miyama, considers last year's net operating incom 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 program were discontinued, the van would be donated to a charitable organization. None of the general administrati would be avoided if the housekeeping program were dropped, but the liability insurance and the salary of the progra would be avoided. Required: 1-a. What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? 1-b. Based on the financial advantage (disadvantage) of discontinuing the Housekeeping program calculated in require should the Housekeeping program be discontinued? 2-a. Prepare a properly formatted segmented incorte statement. 2-b. Would a segmented income statement format be more useful to management in assessing the long-run financial various services? Complete this question by entering your answers in the tabs below. Req 1A Req 18 Reg 2A Req 2B Would a segmented income statement format be more useful to management in assessing the long-run financial viability of the various services? Oros ONO