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@ ezto.mheducation.com M Questio... 6] Quiz 2- Fall 2024 Saved Help Save & Exit Submit 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: 10 Location Fixed Costs Variable Costs| IAtlanta $80,000/yr| $20/unit| Phoenix $140,000/yr $16/unit| If the annual demand is 20,000 units, what would be the cost advantage of the better location? Total Cost=FC+V*Q) FC = Fixed cost V = Variable cost per unit Q = Quantity of output Multiple Choice O $480,000 O $20,000 O $60,000 Next > %