For the sale we chose Bangladesh as our country of production. The wages in Bangladesh estimate $38 a month – $1.27 a day and $.13 a hour based on a 10 hour work day (WSJ).
Our pricing was calculated as followed:
- Material – $1.18 a shirt
- Thread – $.34 a shirt
- Dotty paper – $2
- Tags (paper/printing/ribbon/pins) – $5
- Total hours of labor -16
We estimated that each shirt cost a total of $2.97 but being sold in America it was marked up to $9. By the end of the sale we had lowered our pricing to $6.