Problem 8-6 A firm that has recently experienced an enormous growth rate is seeking to lease a small plant in Memphis, TN Biloxi, MS; or Birmingham, AL Prepare an economic analysis of the three locations given the following information Annual costs for building. equipment, and administration would be $66.000 for Memphis, $ 76,000 for Biloxi, and $111.000 for Birmingham. Labor and materials are expected to be $9 per unit in Memphis, $6 per unit in Biloxi, and $6 per unit in Birmingham The Memphis location would increase system transportation costs by $65,000 per year , the Biloxi location by $75,500 per year, and the Birmingham location by $26,100 per year. Expected annual volume is 15,100 units. (Omit the "S" sign in your response.) Memphis Biloxi Birmingham Total Cost $ $ $