I'm not so sure. Let's assume you're paying someone $15/hour and she actually costs you $25/hour. Assuming a 10 minute break every hour (that's gotta be tiring work and you want to hold onto your employees), then that's 2500/(80 * 50) = 0.625 cents of labor cost per LED. I don't know what all the other costs are, but that one operation seems surprisingly cheap.