pected to decrease by 2 percent per unit. Fixed manufacturing costs are expected to increase by 5 percent Variable marketing costs change with volume. Administrative cash costs are expected to increase by 10 percent. Inventories are kept at zero. Prepare a budgeted income statement for year 2. Estimate the cash from operations expected in year 2. Required Estimate Cash Recei 2: Prepare Budgeted The following information is available for year 1 for Parker Products: Financial Statements Revenues (100,000 units) $125.000 Manufacturing costs Materials... 200 Variable cash costs 35,800 Fired cash costs. Depreciation fixed). 29,750 Marketing and administrative costs Marketing Iveriable, cash).........105.600 Marketing depreciation... 37,400 Administrative led cash. 127,300 Administrative depreciation. 13/00 Total costs.... 638,250 Operating profits... $ 2.750 All depreciation charges are fixed and are expected to remain the same for year 2. Sales volume is expected to increase by 18 percent, but prices are expected to fall by 5 percent. Materials costs are expected to decrease by 8 percent. Variable manufacturing costs are ex canned with camScanner