A manufacturing firm is considering two locations for a plant to produce a new product. The two locations have fixed and variable costs as follows: Annual Operating costs LOCATION FIXED VARIABLE Atlanta $80,000/yr $20 /unit Phoenix $140,000/yr $16 /unit Total Cost = FC +(V*Q) FC = Fixed Cost V = Variable cost per unit Q = Quantity of output What would be the total annual costs at the point of indifference? $300,000 $240,000 $380,0000 $220,000 $760,000