do (e)

. . . Atlas Inc. is a toy bicycle manufacturing company producing a five-inch small version of the bike that Lance Armstrong rode to win his first Tour de France. The assembly line at Atlas Inc. consists of seven work stations, each performing a single step, Stations and processing times are summarized here: Step 1 (30 sec.): The plastic tube for the frame is cut to size. Step 2 (25 sec.): The tube is put together. Step 3 (35 sec.): The frame is glued together Step 4 (25 sec.): The frame is cleaned, Step 5 (25 sec.): Paint is sprayed onto the frame. Step 6 (50 sec.); Wheels are assembled. Step 7 (40 sec.): All other parts are assembled to the frame. Under the current process layout, workers are allocated to the stations as shown here: Worker 1: Steps 1 and 2 Worker 2: Steps 3 and 4 Worker 3: Step 5 Worker 4 Step 6 Worker 5: Step 7 Assume the workers are paid $10 per hour. Each bicycle is sold for $d and includes parts that are sourced for $1. The company has fixed costs of $180 per hour. Despite Lance Armstrong's doping confession, there exists substantially more demand for the bicycle than Atlas can supply Instructions: Do not round Intermediate calculations. Round all answers to 2 decimal places What is the cost of direct labor for the bicycle? $ 0.83 per unit a. $ What is the cost of direct labor for the bicycle? a. 0.83 per unit b. How much profit does the company make per hour? $ 70.00 per hour What would be the profits per hour if Atlas would be able to source the parts 12 percent cheaper ($0.88 for the parts of one unit)? $ c. 77.20 per hour d. What would be the profits per hour if Atlas were able to reduce fixed costs by 10 percent (to $162 per hour)? $ 88.00 per hour What would be the profit per hour if Atlas were able to reduce the processing time at the bottleneck by 4 seconds per unit (assume unlimited demand)? 90.00 per hour e