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

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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