Air Jordan Retro 1 Cost Less Than 20 Bucks For Jordan Brand To Make?

According to this image via hk-kicks, the cost is broken down to $16.25 per sneaker WTF?!!! With a breakdown from materials cost $10.75, the labor cost $2.43, the overhead is $2.10 and the factory profit is $0.97 totaling $16.25! Peep the full image of break down after the jump......