A time study was conducted on a job that contains four elements. The observed times and performance ratings for sox cycles are shown in the following table. Click here for the Excel Data File Hint the performance ratings given in this question and the Excel spreadsheet link are in percentages. It is necessary to convent them to their declmat equivatents when solving the problem. a. Determine the average cycle time for each element. (Round your answers to 3 decimal places.) a. Determine the average cycle time for each element. (Round your answers to 3 decimal places.) b. Find the normal time for each element (Round your answers to 3 decimal places.) c. Assuming an allowance factor of 7 percent of fob time, compute the standard time for this job. (Round your answers to 3 decimal places.) A time study was conducted on a job that contains four elements. The observed times and performance ratings for sox cycles are shown in the following table. Click here for the Excel Data File Hint the performance ratings given in this question and the Excel spreadsheet link are in percentages. It is necessary to convent them to their declmat equivatents when solving the problem. a. Determine the average cycle time for each element. (Round your answers to 3 decimal places.) a. Determine the average cycle time for each element. (Round your answers to 3 decimal places.) b. Find the normal time for each element (Round your answers to 3 decimal places.) c. Assuming an allowance factor of 7 percent of fob time, compute the standard time for this job. (Round your answers to 3 decimal places.)