4 A time study was conducted on a job that contains four elements. The observed times and performance ratings for six cycles are shown in the following table. OBSERVATIONS (minutes per cycle) Performance Element Rating 1 2 3 4 5 6 1 0.52 0.57 0.47 0.47 3.47 0.47 2 BO 1.52 1.52 1.47 1.47 1.47 1.52 3 125 0.87 0.87 8.82 0.87 8.82 4 11e 1.12 1.17 1.12 1.17 1.17 1.22 01:58:50 0.27 Click here for the Excel Data File a. Determine the average cycle time for each element. (Round your answers to 3 decimal places.) Average cyclo Element 1 2 3 4 b. Find the normal time for each element. (Round your answers to 3 decimal places.) Element Normal time MC Graw MINI Stand Hedem NPV nad IRRO b. Find the normal time for each element (Round your answers to 3 decimal places.) El 1 2 3 4 c. Assuming an allowance factor of 22 percent of job time compute the standard time for this job. (Round your answers to 3 decimal places.) Standard time Element 1 2 3 4