Jackson County Senior Services is a nonprofit organization devoted to providing essential services to seniors who live in the town 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 Revenue Variable expenses Contribution margin Yixed expenses Depreciation Liability insurance Program adinistratora salaries Geocral administrative overhead Total fixed expenses Net operating income (lona) Meals on Hous Total Nursing Wheels keeping 9919,000 262,000 $400,000 $ 254,000 469.000 115,000 201.000 153,000 450.000 147.000 202,000 102.000 70,600 8,800 10,900 20.900 13,700 20,400 7. 600 15,700 115,700 40.400 39.900 36, 400 183,800 52,400 80,600 50.800 413,600 22000 168000 12,000 $36, 2003 25.000 534,000 (22,800) "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 $36.200 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: a What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? 1-6. Should the Housekeeping program be discontinued? 2-8. 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. Total fixed expenses Siet operating income loon) 13,000 1220 260.000 22300 36,200 $ 25,000 $ 34,000 5(22.800) "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 536,200 to be unsatisfactory, therefore, she is considering the possibility of discontinuing the housekeeping program The depreciation in housekeeping is for a small von 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: 10. 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. Reg 1A Reg 10 Reg 2A Reg 28 What is the financial advantage (disadvantage of discontinuing the Housekeeping program? Req 18 > EMS 1 Total fixed expenses Net operating the sal 312000 100 268.000 36,200 25,000 $34.000 (22.2001 "Allocated on the basis of program revenues 040-40 Book The head administrator of Jackson County Senior Services, Judith Miyama, considers last year's net operating income of 536,200 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 What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? 1-6 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 labs below. Reg 1A Reg 18 Roq 2A Reg 20 Should the Housekeeping program be discontinued? Sres ONO 1 Total fixed expenses Het operating income (lona 423,800 122,000 260.000 1270 3 36,200 25.000 34.000 (22,800 "Allocated on the basis of program revenues 04:40:45 look The head administrator of Jackson County Senior Services, Judith Myama, considers last year's net operating income of $36,200 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 jobs. 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: 1-9. What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? 1-5. 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 10 Re] 24 Rod 20 Prepare a property formatted segmented income statement. Total Home Nursing Meals on Wheels House- Keeping Revenues Variable expenses Contribution margin Traceable fced expenses Depreciation 0 0 0 0 Prev 1 of 5 Next > 1 1 Total fixed expenses Net operating income towa) "Allocated on the basis of program revenues ELHOOD $36,200 125.000 34.0005122, 000) 04:40:42 The head administrator of Jackson County Senior Services, Judith Miyama, considers last year's net operating income of $3620010 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 jobs. 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. book Required: 1-a. What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? 1- Should the Housekeeping program be discontinued? 2 a. Prepare a properly formatted segmented Income statement. 24. 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 LA Reg 18 Reg 2A R20 Would a segmented income statement format be more useful to management in assessing the long-run financial viability of the various services? Ores ONO