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Miami Solar manufactures solar panels for industrial use. The company budgets production of $5,500$ units $($solar panels$)$ in July and $5,000$ units in August.

Each unit requires $5$ hours of direct labor at a rate of $$13$ per hour. The company applies variable overhead at the rate of $$11$ per direct labor hour. Budgeted fixed factory overhead is $$187,000$ per month. Prepare a factory overhead budget for August.

$\backslash$table$[[$MIAMI SOLAR$],[$Factory Overhead Budget,$],[$Direct labor hours needed,August$],[,],[$Budgeted variable overhead,$],[,],[$Budgeted total factory overhead,$]]$