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Jackson County Senlor Services is a nonprofit organlzatlon devoted to providing essentlal services to senlors who IIve in thelr own homes within the Jackson County
Jackson County Senlor Services is a nonprofit organlzatlon devoted to providing essentlal services to senlors who IIve in thelr own homes within the Jackson County area. Three services are provided for senlors-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 Senlor Services, Judith Mlyama, considers last year's net operatling Income of $50,100 to be unsatisfactory; therefore, she is considering the possibility of dlscontlinuling the housekeeping program. The depreclation 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 avolded 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 financlal advantage (disadvantage) of discontinuling the Housekeeping program? 1-b. Based on the financlal advantage (dlsadvantage) of discontinuling the Housekeeping program calculated in requirement Req 1A. 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 financlal vlability of the varlous services? Complete this question by entering your answers in the tabs below. What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? Jackson County Senlor Services is a nonprofit organlzation devoted to providing essentlal services to senlors who IIve in thelr own homes within the Jackson County area. Three services are provided for senlors-home nursing. Meals On Wheels, and housekeeping. Data on revenue and expenses for the past year follow. "Allocated on the basls of program revenues. The head administrator of Jackson County Senlor Services, Judith Mirama, considers last year's net operating income of $50,100 to be unsatisfactory; therefore, she is considering the possibility of discontinuling the housekeeping program. The depreclation in housekeeping is for a small van that is used to carry the housekeepers and thelr 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 avolded if the housekeeping program were dropped, but the liability insurance and the salary of the program administrator would be avolded. Required: 1-a. What is the financlal advantage (disadvantage) of discontinuing the Housekeeping program? 1-b. Based on the financlal advantage (disadvantage) of dlscontinuling the Housekeeping program calculated in requirement Req 1A, 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 financlal vlability of the varlous services? Complete this question by entering your answers in the tabs below. Based on the financial advantage (disadvantage) of discontinuing the Housekeeping program calculated in requirement Req 1A, should the Housekeeping program be discontinued? Jackson County Senlor Services is a nonprofit organizatlon devoted to providing essentlal services to senlors who IIve in their own homes within the Jackson County area. Three servlces are provided for senlors-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 Senlor Services, Judith Mlyama, considers last year's net operating income of $50,100 to be unsatisfactory, therefore, she is considering the possibility of dlscontinulng the housekeeping program. The depreclation in housekeeping is for a small van that is used to carry the housekeepers and thelr equipment from Job to job. If the program were discontlinued, the van would be donated to a charitable organization. None of the general adminlstrative overhead would be avolded If the housekeeping program were dropped, but the liability insurance and the salary of the program administrator would be avolded. Required: 1-a. What is the financlal advantage (disadvantage) of discontinuing the Housekeeping program? 1-b. Based on the financlal advantage (dlsadvantage) of dlscontinulng the Housekeeping program calculated in requirement Req 1A, should the Housekeepling 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 financlal viability of the varlous services? Complete this question by entering your answers in the tabs below. Prepare a properly formatted segmented income statement. Jackson County Senlor Services is a nonprofit organlzation devoted to providing essentlal services to senlors who IIve in their own homes within the Jackson County area. Three services are provided for senlors-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 Senlor Services, Judith Mlyama, considers last year's net operating income of $50,100 to be unsatisfactory; therefore, she is considering the possibility of dlscontlinuling the housekeeping program. The depreclation in housekeeping is for a small van that is used to carry the housekeepers and thelr equipment from Job to job. If the program were discontinued, the van would be donated to a charltable organization. None of the general administrative overhead would be avolded If the housekeeping program were dropped, but the llabllity Insurance and the salary of the program administrator would be avolded. Required: 1-a. What is the financlal advantage (disadvantage) of discontinuling the Housekeeping program? 1-b. Based on the financlal advantage (dlsadvantage) of discontinuling the Housekeeping program calculated in requirement Req 1A, should the Housekeepling 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 financlal vlability of the varlous services? Complete this question by entering your answers in the tabs below. Would a segmented income statement format be more useful to management in assessing the long-run financial viability of the various services
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