Calculating Manufacturing Cycle Efficiency Cheval Company has the following data for one of its manufacturing plants: a. Maximum units produced in a quarter (3-month period): 500,000 units b. Actual units produced in a quarter (3-month period): 400,000 units c. Productive hours in one quarter: 50,000 hours d. Actual cycle time: 7.5 minutes e. Theoretical cycle time: 6 minutes Required: If required, round your answers to one decimal place. 1. Calculate the amount of processing time and the amount of nonprocessing time. Processing time minutes Nonprocessing time 2. Calculate the MCE. minutes %