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Miami Solar manufactures solar panels for industrial use. The company budgets production of 4,500 units (solar panels) in July and 5,600 units in August Each

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Miami Solar manufactures solar panels for industrial use. The company budgets production of 4,500 units (solar panels) in July and 5,600 units in August Each unit requires 3 hours of direct labor at a rate of $19 per hour. Variable factory overhead is budgeted to be 70% of direct labor cost, and fixed factory overhead is $173,000 per month. Prepare a factory overhead budget for August MIAMI SOLAR Factory Overhead Budget For Month Ended August 31 Budgeted total overhead 5

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