Chapter 20 Homework, Part 1 22 Required information Save & Cae 4 Part 3 of 3 points H Use the following information for the Quick Study below. (Algo) Miami Solar manufactures solar panels for industrial use. The company budgets production of 5,300 units (solar pane July and 5,300 units in August 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 $20 per direct labor hour. Budgeted fixed factory overhead is $174,000 per month. Prepare a factory overhead budget for August MIAMI SOLAR Factory Overhead Budget August Print Direct labor hours needed References Budgeted variable overhead Budgeted total factory overhead $ Check my work