Sikes Hardware is adding a new product line that will require an investment of $1,476,000. Managers estimate that this investment will have a 10-year life and generate net cash inflows of $330,000 the first year, $290,000 the second year, and $240,000 each year thereafter for eight years. Compute the payback period. Round to one decimal place. The payback in years is This Question: 4 pts 11 of 18 (7 complete) This Test: 100 pts p The income statement for Sweet Dreams Company is divided by its two product lines, blankets and pillows, as follows: Blankets Pillows Total Sales revenue $720,000 $300,000 $1,020,000 Variable costs 265,000 240,000 505,000 Contribution margin 455,000 60,000 515,000 Fixed costs 76,000 76,000 152,000 Operating income (1088) $379,000 $(16,000) $363,000 1 Sweet Dreams can eliminate total fixed costs of $30,000 by dropping the pillowsline, operating income will increase by $16,000, True False Organicplus processes organic milk into plain yogurt. (Click the icon to view additional information.). Should Organicplus continue to sell only the gallon-size plain yogurt (sell as is) or convert the plain yogurt into Individual-size portions of fruited yogurt (process further)? Why? (Use a minus sign or parentheses for amounts that are typically shown enclosed in parentheses in a sell or process further decision.) Process Further Difference Costs Sell As Is Expected revenue from selling by the gallon Expected revenue from selling individual portions Additional costs of selling as is by the gallon Additional costs of processing individual portions Total net revenue Decision. Based on this analysis, it is more profitable to sell E plain yogurt in bulkcontainers fruited yogurt as individual portions, as long as there is a demand for individual portions