Chapter 20 Connect Assignment 14 Part 1 of 3 Required information Miami Solar manufactures solar panels for industrial use. The company budgets production of 4,800 units (solar panels) in July and 5,600 units in August. 1.86 ponts Each unit requires 4 hours of direct labor at a rate of $17 per hour. Variable factory overhead is budgeted to be 70% of direct labor cost, and fixed factory overhead is $187,000 per month. Prepare a factory overhead budget for August. Skloped MIAMI SOLAR Factory Overhead Budget For Month Ended August 31 Budgeted total overhead