Miami Solar manufactures solar panels for industrial use. The company budgets production of 4,500 units (solar panels) in July and 4,800 units in August.

QS 22-11 (Algo) Manufacturing: Factory overhead budget LO P1

Each unit requires 5 hours of direct labor at a rate of $19 per hour. The company applies variable overhead at the rate of $17 per direct labor hour. Budgeted fixed factory overhead is $179,000 per month. Prepare a factory overhead budget for August.

Ch 22: Homework i 4 Part 3 of 3 5.88 points eBook Hint Print References Mc Graw Hill Use the following information for the Quick Study below. (Algo) Miami Solar manufactures solar panels for industrial use. The company budgets production of 4,500 units (solar panels) in July and 4,800 units in August. MIAMI SOLAR Factory Overhead Budget Direct labor hours needed Variable overhead rate per direct labor hour Budgeted variable overhead Budgeted fixed overhead Budgeted total factory overhead $ $ QS 22-11 (Algo) Manufacturing: Factory overhead budget LO P1 Each unit requires 5 hours of direct labor at a rate of $19 per hour. The company applies variable overhead at the rate of $17 per direct labor hour. Budgeted fixed factory overhead is $179,000 per month. Prepare a factory overhead budget for August. $ August 4,500 5 Saved 24,000 179,000 203,000 Save & Exit Submit Check my work