Question: Brief Exercise 11-24 (Appendix 11A) Calculating Manufacturing Cycle Efficiency Refer to the information for Theta Company on the previous page. The actual cycle time for

Brief Exercise 11-24 (Appendix 11A) Calculating Manufacturing Cycle Efficiency Refer to the information for Theta Company on the previous page. The actual cycle time for Theta Company is 3.2 minutes, and the theoretical cycle time is 3 minutes.

Required:

1. Calculate the amount of processing time and the amount of nonprocessing time.

2. Calculate the MCE. (Round to two decimal places.)

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