The wattage of your microwave will dictate the length of time your smelter will need to be timed for. It's smart to start with a short time duration to ensure your hearth and insulation are assembled correctly, then work your way up from there. The silicon-carbide heating slab will stay warm for a long time, so minimal loss occurs if you open the microwave to check on your smelter.
Here's the data from my 850W microwave:
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50/50 lead/tin
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5 minutes - mostly melted
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10 minutes - completely molten
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Silver
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15 minutes - completely molten