Question: Current Attempt in Progress Ivanhoe College provides its own housekeeping services. The College director would like to outsource this service and has found a company


Current Attempt in Progress Ivanhoe College provides its own housekeeping services. The College director would like to outsource this service and has found a company that will provide the service for $51 per hour. The following information has been collected about the cost per hour to th college for performing its own housekeeping services: Determine whether Ivanhoe College should outsource housekeeping, assuming that 50% of fixed costs can be eliminated if the service is outsourced. (If an amount reduces the net income then enter with a negative sign preceding the number, eg-15,000 or parenthesis, eg. (15,000). While alternate approaches are possible, irrelevant fixed costs should be included in both options when solving this problem.)
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