Question: C&A Toys uses two steps to make a toy. Step 1 takes 20 seconds. Step 2 takes 15 seconds. Each step is staffed by one

$C\&A Toys uses two steps to make a toy. Step 1$

C\&A Toys uses two steps to make a toy. Step 1 takes 20 seconds. Step 2 takes 15 seconds. Each step is staffed by one worker, for a total of two workers. Assume wages are a fixed cost. Each toy is sold for $20. Material costs are $5 per toy and fixed costs are $500 per hour. Demand rate is 120 toys per hour including the cost of labor. How much profit does C\&A Toys make per hour? Multiple Choice $2200 $1900 $3100 $1300

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