8:33 AM a viewer.gcu.edu Log In I LoudCloud Systems ?+ d Systems managerial accounting for managers 4e I Wel ?? 344 of 640 to the price quoted by the outside manufacturer. PROBLEM 7-19 Dropping or Retaining a Segment [LO 7-2] Jackson County Senior Services is a nonprofit organization devoted to providing essential ser- vices to seniors who live in their own homes within the Jackson County area. Three services are for seniors- -home nursing. Meals On Wheels, and housekeeping. Data on revenue and expenses for the past year follow: Meals On Wheels House- Home Nursing Total $900,000 $260,000 $400,000 $240,000 60,000 Revenues Variable expenses Contribution margin Fixed expenses: 490,000120,000 410,000140,0001 210,000 190,000 80,000 40,000 20,000 15,000 8,000 Depreciation Liability insurance Program administrators' salaries General administrative overhead 42,00020,000 115,00040,000 180,00052,000 80.000 48,000 405,000 120,000165.000 120,000 Total fixed expenses Net operating income (loss) Allocated on the basis of program revenues. $ 5,000 20,000 25,000 (40,000)