Question 11 3.85 pts What is the cash payback period for a piece of equipment that costs $320,000, estimated to have an 8 year useful live with an estimated salvage value at that time of zero. Annual revenues are expected to increase 90,000 and annual operating expenses exclusive of straight line depreciation expense are expected to be $40,000. O 3.6 years. O 6.4 years. O None of the above. O 8.0 years. O 3.2 years. 3 Question 12 3.85 pts Wang Company currently makes frame kits for $30 that they sell for $66 and they are trying to decide whether they should hire additional labor at $7 an hour and work for three additional hours to put the frame together that they could then sell for $85. What advice would you provide Wang concerning this decision. O None of the above. O Process further, the company will be better off by $14 per unit. O Sell before assembly, the company will be better off by $2 per unit. O Sell before assembly, the company will be better off by $1 per unit. Process further, the company will be better off by $29 per unit. 385 nts