Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Excel Online Activity: Location Analysis The following data are related to the operating costs of three possible locations for Fountains Manufacturing: Location 1 Location 2

image text in transcribed
image text in transcribed
Excel Online Activity: Location Analysis The following data are related to the operating costs of three possible locations for Fountains Manufacturing: Location 1 Location 2 Location 3 Fixed costs $165,000 $145,000 $125,000 Direct material cost per unit $7.90 $7.70 $7.80 Direct labor cost per unit $4.50 $4.20 $4.00 Overhead per unit $1.00 $0.90 $0.80 Transportation cost per unit $1.40 1.25 $1.55 Which location would minimize the total costs, given annual production of 70,000 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 TH Which location would minimize the total costs, given annual production of 70,000 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 1 Location 2 $ Location 3 $ Total 2. Which location would minimize the total costs

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Multifractal Financial Markets An Alternative Approach To Asset And Risk Management

Authors: Yasmine Hayek Kobeissi

1st Edition

1461444896, 978-1461444893

More Books

Students also viewed these Finance questions

Question

=+3. What are market presence strategies, and which can you name?

Answered: 1 week ago