. ve BRIE SUOMI 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 $ 930,000 $266,000 $ 409,000 $ 255,000 470,000 120,000 196,000 154,000 460,000 146,000 213,000 101,000 Revenues Variable expenses Contribution margin Yixed expenses Depreciation Liability insurance Program administrators' salaries General administrative overhead Total fixed expenses Net operating income (loss) 70,200 8,800 40,700 20,700 43,700 20,400 7, 400 15,900 114,800 40,500 38,800 35,500 186,000 53,200 81,800 51,000 414, 700 122,900 168,700 123, 100 $ 45,300 $ 23,100 $ 44,300 $122,100) 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 $45,300 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 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: ! Prey 1 of 4 Next > 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 various services? Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Req 2A Reg 2B What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? Req1A Reg 1B > O University of Orego... Dashboard Free Stock Charts.... Pre Market Stock N Netflix reddit: the front pa sleepyti.me bedtim.. 11 HW Problems A Saved Help Save & Exit Check eyircu. 1-a. 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 various services? Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Reg 2A Req 2B Should the Housekeeping program be discontinued? Yes ONO Req 1A Req 1B Req 2A Reg 2B CERT Prepare a properly formatted segmented income statement. Total Home Nursing Meals On Wheels House- keeping Print 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) DOO Mc Graw Hill Education Help Save I-a. VidL is uie la lidi auvalilaye (uisduvantaye, I UISCONY uie mouseKey pluylaine 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 viabi various services? Complete this question by entering your answers in the tabs below. Req 1A Reg 1B Req 2A Req 2B Would a segmented income statement format be more useful to management in assessing the long-run financial viability of the various services? Yes No
