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Total Home Nursing Meals on Wheels Housekeeping Revenues $900,000 $260,000 $400.000 $240.000 Variable expenses 490.000 120.000 210.000 160.000 Contribution margin 410.000 140.000 190.000 30.000 Fixed
Total Home Nursing Meals on Wheels Housekeeping Revenues $900,000 $260,000 $400.000 $240.000 Variable expenses 490.000 120.000 210.000 160.000 Contribution margin 410.000 140.000 190.000 30.000 Fixed expenses 68,000 8,000 40.000 20.000 Depreciation Liability insurance 42,000 20.000 71.000 15,000 Program administrators' salaries 115,000 10,000 38,000 37.000 General administrative overhead 180.000 52.000 150.000 18.000 Total fixed expenses 1405.000 20.000 165.000 120.000 Operating income (los) S 5.000 S 20.000 $ 25,000 $(40.000 Allocated on the basis of program revenues From the data in the above table: 27) The Housekeeping department should be dropped - True or False? 28) they dropped it, Income would: (multiple choice)
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