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Each unit requires 5 hours of direct labor at a rate of $13 per hour. The company applies variable overhead at the rate of $12 per direct labor hour. Budgeted fixed factory overhead is $183,000 per month. Prepare a factory overhead budget for August MLAMI SOLAR Factory Overhead Budget August Budgeted total factory overhead $ 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 5,600 units (solar panels) in July and 5,900 units in August QS 20-11 (Algo) Manufacturing: Factory overhead budget LO P1 Each unit requires 5 hours of direct labor at a rate of $13 per hour. The company opplles variable overhead at the rate of $12 per direct Jabor hour Budgeted fixed factory overhead is $183,000 per month. Prepare a factory overhead budget for August MIAMI SOLAR Factory Overhead Budget August Budgeted total factory overhead $ 0