Computador has a manufacturng plant in Des Moines that has the theoretical capability to produce 187,500 laptops per quarter but currently produces 75,000 units. The conversion cost per quarter is $7,125,000. There are 62,500 production hours available within the plant per quarter, In addition to the processing minutes per unit used, the production of the laptops uses 10 minutes of move time, 21 minutes of wait time, and 5 minutes of rework time. (All work is done by cell workers.) Required: 1. Compute the theoretical and actual velocities (per hour) and the theoretical and actual cycle times (minutes per unit produced). If required, round to one decimal place. 2. Compute the ideal and actual amounts of conversion cost assigned per laptop. If required, round your answers to the nearest 3. Calculate MCE, If required, round your answer to two decimal places