Required information Use the following information for the Qulek Study below. (Algo) Miami Solar manufactures solar panels for industilal use. The company budgets production of 4,400 units (solar paneis) in July and 4,500 units in August. QS 20-11 (Algo) Manufacturing: Factory overhead budget LO P1 Each unit requires 4 hours of direct labor at a rate of $19 per hout. The company applies variable overhead at the rate of $14 per direct labor hour, Budgeted fixed factory overhead is $176,000 per month. Prepare a factory overhead budget for August