Part 3 of 8.33 points Required information Use the following information for the Quick Study below. (Algo) Miami Solar manufactures solar panels for industrial use. The company budgets production of 5,100 units (solar panels) in July and 5,200 units in August. 004338 eBook QS 20-11 (Algo) Manufacturing: Factory overhead budget LO P1 Each unit requires 3 hours of direct labor at a rate of $18 per hour. The company applies variable overhead at the rate of $15 per direct labor hour. Budgeted fixed factory overhead is $180,000 per month. Prepare a factory overhead budget for August. 10 10 Print Hint MIAMI SOLAR Factory Overhead Budget August Direct labor hours needed Budgeted variable overhead References Budgeted total factory overhead $