4 ! Part 3 of 3 Required information Miami Solar manufactures solar panels for industrial use. The company budgets production of 5,300 units (solar panels) in July and 5,800 units in August. 10 points Each unit requires 4 hours of direct labor at a rate of $12 per hour. The company applies variable overhead at the rate of $16 per direct labor hour. Budgeted fixed factory overhead is $176,000 per month. Prepare a factory overhead budget for August. eBook MIAMI SOLAR Factory Overhead Budget August Hint Direct labor hours needed Print Budgeted variable overhead Budgeted total factory overhead References