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Mathematics, 15.12.2021 05:20 jellybellyje

The We-Make-It factory in the United States pays its 250 workers an average of $21 per hour, including benefits. The average number of work hours per employee in a year is 1,924. The owners of the factory are considering relocating overseas to a country where they can pay workers an average of $6 per hour, including benefits, to achieve the same production levels. Assuming that the company would hire the same number of workers for the same number of hours in a new location, how much could We-Make-It save in wages alone in the first year by moving to the proposed overseas location

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