Atlas inc. is a toy bicycle manutacturing company producing a five-inch small version of the bike that Lance Armstrong rode to win his first tour de France. The assembly Ine at Atlas inc. consists of seven work stations, each performing a single step. Stations and processing times are summarized here: - Step 1(25 sec) the plastic tube for the frame is cut to sire. - Step 2(15 sec) The tube is put togethet. - Step 3 (40 sec): The frame is glued together - step4(25 sec). The frame is cleaned. - Step 5 t 26 seck Point is sprayed onto the frame. - Step 6(45 sec) Wheels are assembled. - Step 7 (35 sec): All other parts are assembled to the trame. 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 : Steo 6 - Worker 5.Step? Assume the workers are paid $10 per hour. Each bicycle is sold tor $5 and includes pors that are sourced for $1. The compary has fixed costs of Stiso per houe Despite Lance Armstiong's doping confession, there enats substantsty more demand for the bisycle than Atlas can supply Instructions: Do not round intermedate calculations. Round alf anwwes to 2 decimal places. a. What is the cost of direct labor for the a. bigycie? b. How much profit does the company make per hour? What would be the protes per hour if Atias