nam Jonide.b Thg 1 0252 EEBD35282Fblackboard 252 11 Extra Crede Saved Jackson County Senior Services is a nonprofit organization devoted to providing essential services to seniors who live in their own hories within the Jackson County area Three services are provided for senior. Fome nursing Meals on Wheels, and housekeeping Dit on revenue and expenses for the past year follow. HOR Total $933,000 3207.10.0 10.000 471.000 1150 200 154,00 0x000 152NONY 10.00 res Variable wenses Contribution margin vedene Depreciation Elability Insurance Program administratorssalaries eneral administrative overhead Total expenses Net operating in (loss) 69,10 2010 40,200 30,50 4),60 20. 9.900 1.100 116.000 4. 11. 16,00 186.00 2 M 41137200 $44,300 120.000 1.100 21400) "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 $44,300 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 chantable 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 1b. Should the Housekeeping program be discontinued 2. Prepare a properly formatted segmented income statement 2. Woua 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 1B Req 2A Req 28 Prepare a properly formatted segmented income statement. Total Home Nursing Meals On Wheels House- keeping 0 0 0 Revenues Variable expenses Contribution margin Traceable fixed expenses: Depreciation Liability insurance Program administrators' salaries Total traceable fixed expenses Program segment margins General administrative overhead Net operating income (loss) 0 0 0 0 0 $ 0 $ 0 $ 0 0