Need the required 1A-2B
Check my work 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-home nursing, Meals on Wheels, and housekeeping Data on revenue and expenses for the past year follow Home Meals On House- Total Nursing Wheels keeping $ 922,000 $ 262,200 $ 489,000 $ 251, eee 476, eee 118,000 199,000 159,000 446,000 144,00 210,000 92,000 Revenues Variable expenses Contribution margin Fixed expenses: Depreciation Liability insurance Program administrators salaries General administrative overhead Total fixed expenses Net operating income (los) 69,600 8,200 40, 800 20,600 43,600 20,900 7.300 15.400 114,200 40,600 38,200 35,500 184,400 52,400 81,800 50,200 411,800 122,100 168,000 121,700 $ 34,200 $ 21,900 $ 42,000 $(29,700) "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 $34 200 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: 1-0. 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. Req 1A Reg 1B Req ZA Reg 28 What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? Feat Req 18 >