Question: please provide all required material for the same problem. thumbs up will be added. Jackson County Senior Services is a nonprofit organization devoted to providing




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 Moals on House- Total Nursing Wheels keeping 5918,000 5 264,000 $403,000 $ 251,000 421.000 117,000 199,000 159,000 447,000 142.000 200,000 92,000 Revenues Variable expenses Contribution margin Fixed expenses Depreciation Elability insurance Program administrator salaries General administrative overhead Total Fixed expenses Het operating income (loss) 70,200 8,800 40,500 20.900 43,700 20,600 7,200 15,900 114,300 40,400 38,200 35, 700 183.600 52,800 80.600 50,200 411,800 122,600 166,500 122,700 $ 35,200 $ 24,400 $ 41,500 $(30,700) "Allocated on the basis of program revenues, The head administrator of Jackson County Senior Services, Judith Miyamo, considers last year's net operating income of $35,200 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: 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 the various services? Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 2A Req 2B What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? (Reg 1A Req 1B > Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 2A Reg 2B Should the Housekeeping program be discontinued? Yes O No Req 1A Reg 1B Req 2A Req 2B Prepare a properly formatted segmented income statement. Total Home Nursing Meals On Wheels House- keeping 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) Req 1A Req 1B Req 2A Req 2B Would a segmented income statement format be more useful to management in assessing the the various services? Yes No
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