Excel Online Activity: Location Analysis The following data are related to the operating costs of three possible locations for Fountains Manufacturing: Fixed costs Direct material cost per unit Direct labor cost per unit Overhead per unit Transportation cost per unit Location 1 Location 2 Location 3 $135,000 $120,000 $150,000 $9.20 $9.40 $9.30 $4.80 $4.50 $4.30 $1.00 $0.90 $1.30 $0.75 $1.05 $0.90 Which location would minimize the total costs, given annual production of 40,000 unks? The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below. Open spreadsheet Questions 1. What are the total annual costs for each of the locations? Round your answers to the nearest dollar Location 1 $ 105,000 Total Location 2 78,000 Location 3 $ 114,000 2. Which location would minimize the total costs? Location 2