Carrot Casserole

2 lbs carrots, sliced
1/2 lb Velveeta cheese
1/2 cup margarine
salt and pepper
1-1 1/2 cup Post Toasties
1/8 cup butter (to use on top of carrot casserole)

Melt margarine and cheese, stirring constantly.
Pour water off cooked carrots; place in a casserole. Sprinkle Post Toasties (crumbs) over top.
Dot with butter.
Bake at 350 degrees until it's bubbly.