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 Revenues $ 926,898 $ 268,889 $ 406, eee $ 252, eee Variable expenses 474,000 112, eee 284.ee 158,00 Contribution margin 452,880 156,000 202, eee 94,890 Fixed expenses Depreciation 69,800 8,480 40,900 20, 500 Liability insurance 43,400 28,6ee 7,500 15,300 Program administrators' salaries 114,900 40,100 39,000 35,800 General administrative overhead 185,200 53,600 81, 2ee 50,400 Total fixed expenses 413,3ee 122,700 168,600 122,eee Net operating income (loss). $ 38,780 $33,300 $ 33, 4ee $(28,000) "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 $38.700 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 ability insurance and the salary of the program administrator would be avoided Required: 1-0 What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? 1-6. Based on the financial advantage (disadvantage) of discontinuing the Housekeeping program calculated in requirement Req IA 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? - Required: 1-a. What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? 1-6. Based on the financial advantage (disadvantage of discontinuing the Housekeeping program calculated in requirement Reg 1A, should the Housekeeping program be discontinued? 2-a. Prepare a properly formatted segmented income statement 2-6. 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. Reg 1A Req 1B Req ZA Reg 28 What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? Reg 1B >