Jackson County Senior Services is a nonprofit organization devoted to providing essential services to seniors who live in theit own homes within the Jockson 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: Allocated on the basis of program revenues The head administrator of Jackson County Senior Services, Judith Moyama, considers last year's not operating income of $42,900 to be unsatisfactory, therefore, she is considering the possibility of discontinuing the housokeeping 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 diccontinued, the vas would be donated to a charitable organization. None of the general administrative ove iheod would be avoidind if the housekeeping program were dropped, but the liablity insurance and the salory of the propram adiministrator would be evolded. Required: 1. What is the financial odvartage (disodvantage) of disconsinuing the Housekeeping propram? 2-a. Prepare a properily formatted sogmented income stotement various semices? The head administrator of Jackson County Senior Services, Judith Miyama, considers last year's net operating income of $42,900 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 liablity insurance and the salary of the program administrator would be avolded. Required: 1-a, What is the financial advantage (disadvantage) of discontinuing the Housekeoping program? 1-b. Based on the financial advantage (disadvantage) of discontin should the Housekeeping program be discontinued? should the Housekeeping program be discontinued? 2-a. Prepare a pr 2-b. Would a seg various semices? What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? The head administrator of Jockson County Senior Services, Judith Miyama, considers last year's net operating income of $42,900 to be unsatsfoctory, therefore, she is considering the possibility of discontinuing the housekeeping procram 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 donoted to a chanitable organization. None of the general administrative overhead would be avoided if the housekeeping program were dropped, but the llability 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? 16. Based on the financial advantage (disadvantage) of discontinuing the Housekeeping program calculated in requirement Req 1A, should the Housekeeping program be discontinued? 2. 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. Based on the finandil advantage (disadvantage) of discontinuing the Housekeeping program calculated in tequirement Reg iA, should the Houseketping program be discontinued? 2-3. 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 financlal viability of the various services? Complete this question by entering your answers in the tabs below. Prepare a properly formatted segmented income statement. 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 requirement Req 1A, should the Housekeeping program be discontinued? 2-a. Prepare a property formatted segmented income statement. 2.t. 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. Would o segmented income statement format be more vituf to management in assessing the long-run financial viablity of Wow o segmented in the various services
