In Myanmar, six laborers, each making the equivalent of $ 2.50 per day, can produce 40 units per day. In China, ten laborer

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In Myanmar, six laborers, each making the equivalent of $ 2.50 per day, can produce 40 units per day. In China, ten laborer

s, each making the equivalent of $ 2.25 per day, can produce 48 units. In Billings comma Montana, two laborers, each making $ 60.00 per day, can make 102 units. Based on labor cost per unit only, the most economical location to produce the item is China , with a labor cost per unit of $ . 05. (Enter your response rounded to two decimal places.)

Business

1 answer:

salantis [7] · Answer 1 · 2022-04-28T07:06:22+03:00

Answer:

$0.520

Explanation:

To find the relative labor cost in each country, simply divide the production number by the total value used in the labor force (with all employees).

In China: $ 2.25 x 10 workers = $ 25 dollars a day with labor.

The cost per unit of production will be: 25/48 = $0.520

In Myanmar​, six ​laborers, each making the equivalent of $ 2.50 per​ day, can produce 40 units per day. In China​, ten ​laborer

In Myanmar, six laborers, each making the equivalent of $ 2.50 per day, can produce 40 units per day. In China, ten laborer