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 nursing Meals on Wheels and housekeeping Data on revenue and expenses for the past year follow Versable expenses Contribution margin Home Meals on house Total Nursing Wheels keeping $ 925,000 $200,000 .00 $ 20,000 463.000 110, 191, 158.000 150,08 218,600 4, 69.900 2.300 40.700 20.90 43.300 20.00 2.700 35,200 40.500 38,800 35,000 3.2000 Se.608 2,502 172, 000 .00 $27.60 19.52.100) Lobisty Insurance Program administrators Salaries General administrative overead Net operating income (Loss) *Allocated on the basis of program revenue The head administrator of Jackson County Senior Services: Judith Miyama considers last year's net operating income of $49.500 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 if the housekeeping program were dropped, but the ability 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? 1-5. Should the Housekeeping program be discontinued? 2-a. Prepare a properly formatted segmented income statement 2-1 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 LA Reg18 Req2A Reg 28 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 2-b. Would a segmented income statement format be more useful to management in assessing the long various services? Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Reg 2A Reg 2B What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? Reg 13 > Rog 18 ) IJU eu, e vah would be donated to a charitable organization None of the genera would be avoided if the housekeeping program were dropped, but the liability insurance and the salary 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 2-b. Would a segmented income statement format be more useful to management in assessing the long- various services? Complete this question by entering your answers in the tabs below. Reg 1A Regis Req 2A Reg 2B Should the Housekeeping program be discontinued? Yes ONO Required: 1. 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 2.b. Would a segmented income statement format be more useful to management in assessing the long run financial viabuty of the various services? Complete this question by entering your answers in the tabs below. Req IA Reg 10 Reg 2A RG 2 would a segmented income statement format be more useful to management in assessing the long run financial viability of the various services? Yes