Jockson 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? Dota on revenue and expenses for the past year foliow "Allocated on the basis of program revenues The heod administrator of Jeckson County Senior Sorvices. Judith Mlyama, considers last year's net operating income of $43,000 to be unsatisfactory, therefore, she is considering the possibity 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 charkable organizotion. None of the general administrative overheod would be avolded if the housekeeping program were dropped, but the liability insurance and the salary of the program odministrator would be avoided. Required: 1.a. What is the financial advantage (disaduantage) of discontinuing the Housekeeping program? 1.b. Based on the financial advantage (disadvantage) of discontinuing the Housekeeping program calculated ia requirement Rec iA, should the Housekeeping program be discontinued? 2-3. Prepare a properly formatted segmented income statement 2-b. Would a segmented income stotement format be more useful to management in assessing the long-run finagcial vability of the various services? Complete this question by entering your answers in the tabs below. What is the financial advantage (disadvantage) of discontinaing the Housikeeping program? ackson County Senior Services is a nonprofit oiganization devoted to providing essentlal senves to seniars who live in their own iomes within the Jockson County orea. Three services are provided for seniors-home nurshg, Meals On Wheels, and housekecping Data on revenue and expenses for the past year follew: Alocated on the basis of program revenues The heod administrator of Jockson County Senior Services, Judith Miyams, conviders lost year's not operating income of $43,000 so be unsotisfactory, therefore, she is considering the possibility of discentinuing the housekeeping program. The depreciation in househeeping is for a small van that is uted to caery the househeepers and their equigment from job to job. If the program were discontinued, the van would be donoted to a charitable organization None of the general adimiatrative oveibead would be avoided if the housekeeping progeam were dropped, but the fiablity insurance and the salary of the program admisisator would be avoided 1-a. What is the financial advantoge (disadvartage) of discontinuing the Housekeeping progrom? Required: should the Housekeeping program be discontinued 2.a. Prepare a propery formatied segmented income statement. 2. W. Would a segmented income statement format be more useful to management in assessing the long ran firancial vabaty of the various services? Complete this auestion by entering rour answers in the tabs below. Bosed on the financial advantage (disadvantage) of discontinuling the noukekeepeop program caicuated in requinment keq ih, sheuld the Houtekeeping program be disconkinued? Complete this question by entering your answers in the tabs below. Prepare a properly formatted segmented income statement. 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
