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In Myanmar, seven laborers, each making the equivalent of $2.50 per day, can produce 38 units per day. In China, eleven laborers, each making the
In Myanmar, seven laborers, each making the equivalent of $2.50 per day, can produce 38 units per day. In China, eleven laborers, each making the equivalent of $1.75 per day, can produce 48 units. In Billings, Montana, three laborers, each making $63.00 per day, can make 100 units. Shipping cost from Myanmar to Denver, Colorado, the final destination, is $2.00 per unit. Shipping cost from China to Denver is $1.20 per unit, while the shipping cost from Billings, Montana to Denver is $0.30 per unit Based on total costs (labor and transportation) per unit, the most economical location to produce the item is Myanmar with a total cost (labor and transportation) per unit of $ (Enter your response rounded to two decimal places.)
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