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Aequired information Quf States Manufactuing has the following data from your 1 operatons, Which are...

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Accounting

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Aequired information Quf States Manufactuing has the following data from your 1 operatons, Which are to be used for developing year 2 bichet estimatel: All deprociaton charger are fived. Old manutacturing equpment with an annual deprecioticn charge of $16.350 wit be replaced in yoar 2 wath new equipment that wil incur an annual depreciation chage of 522,800 . 55 les volume and prices are expected to increase by 16 percent and 4 percent, recpectively, On a per-unit bass, expectations sre that materfals costs wili increase by 13 percent and variable manufacturng costs wil decresse by 3 percern. Floed cash manufacturing costs are expected to decreuse by 10 petcent. Varisble markeng costs wil change with volume. Adminlatrative cash costs are expected to increase by 11 percent. hiventortes are kept at zoco. Guif siates opseretes on a cash bas/s. Hequered: Prepare a pupgosed income statement for yoar 2 iDo not round intermectate calculations. Round your final answers to the nearest whole oolltar anounts] Pequired: Prepare a budgoted income itatement for yoar 2 (Do not round intermedate cakculations. Pound your final answens to the nearest whole dollar amounts]

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