Miami Solar manufactures solar panels for industrial use. The company budgets production of 5,800 units (solar panels) in July and 4,700 units in August. Each unit requires 4 hours of direct labor at a rate of $11 per hour. The company applies variable overhead at the rate of $12 per direct labor hour. Budgeted fixed factory overhead is $184,000 per month. Prepare a factory overhead budget for August.

Miami Solar manufactures solar panels for industrial use. The company budgets production of 5.800 units (solar panels) in July and 4,700 units in August. Each unit requires 4 hours of direct labor at a rate of $11 per hour. The company applies variable overhead at the rate of $12 per direct labor hour. Budgeted fixed factory overhead is $184,000 per month. Prepare a factory overhead budget for August. Miami Solar manufactures solar panels for industrial use. The company budgets production of 5,800 units (solar panels) in July and 4,700 units in August. Each unit requires 4 hours of direct labor at a rate of $11 per hour. The company applies variable overhead at the rate of $12 per direct bor hour, Budgeted fixed factory overhead is $184,000 per month. Prepare a factory overhead budget for August