Miami Solar manufactures solar panels for industrial use. The company budgets production of 4,300 units (solar panels) in July and 4,400 units in August.

QS 20-15 Manufacturing: Factory overhead budget LO P1 Each unit requires 3 hours of direct labor at a rate of $15 per hour. Variable factory overhead is budgeted to be 60% of direct labor cost, and fixed factory overhead is $180,000 per month. Prepare a factory overhead budget for August. MIAMI SOLAR Factory Overhead Budget For Month Ended August 31 Variable overhead rate Budgeted variable overhead Budgeted fixed overhead Budgeted total overhead $