osoft Excel Activity #2: Location Analysis on 1 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 $165,000 $120,000 $145,000 $8.60 $8.40 $8.50 $4.60 $4.80 $5.00 $1.30 $1.40 $1.10 $0.85 $1.15 $1.00 Which location would minimize the total costs, given annual production of 40,000 units? 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. X Open spreadsheet Questions 1. What are the total annual costs for each of the locations? Round your answers to the nearest dollar. Location 2 Location 3 Location 1 $ $ Total $ 2. Which location would minimize the total costs? Next Back B Location Analysis D E F G H 1 2 3 4 5 6 7 8 Data Location 1 Location 2 Location 3 Fixed Costs $165,000.00 $120,000.00 $145,000.00 Direct material cost/unit $8.60 $8.40 $8.50 Direct labor cost/unit $4.60 $4.80 $5.00 Overhead/unit $1.30 $1,40 $1.10 Transportation cost/unit $0.85 $1.15 $1.00 Annual Production 40000 Location 2 Location 3 Total Costs Location 1 Fixed Costs Direct material cost Direct labor cost Overhead Transportation cost Total Least-cost location 0 1 2 3 4 5 -6 7 8 9 20 1 22 3 -4 15 26 27 28 29 50 31 32 83 34 Formulas Location 1 Fixed Costs #N/A Direct material cost #N/A Direct labor cost #N/A Overhead #NA Transportation cost #N/A Total #N/A Location 2 #N/A #N/A #N/A #N/A #N/A #N/A Location 3 #N/A F #N/A #N/A #N/A #N/A #N/A Least-cost location #N/A