Problem

A voluntary health and welfare organization has the following expenditures: Research to...

A voluntary health and welfare organization has the following expenditures:

Research to cure disease

$60,000

Fund-raising costs

70,000

Work to help disabled

40,000

Administrative salaries

 90,000

How should the organization report these items?

a. Program service expenses of $100,000 and supporting service expenses of $160,000.

b. Program service expenses of $160,000 and supporting service expenses of $00,000.

c. Program service expenses of $170,000 and supporting service expenses of $90,000.

d. Program service expenses of $190,000 and supporting service expenses of $70,000.

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