In myanmar, six laborers, each making the equivalent of $ 2.50 per day, can produce 40 units per day. in china, ten laborers, 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.)
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