Help Required information Use the following information for the Quick Study below. Miami Solar manufactures solar panels for Industrial use. The company budgets production of 4,600 units (solar panels) in July and 4,700 units in August QS 20-14 Manufacturing: Direct labor budget LO P1 6 Each unit requires 4 hours of direct labor at a rate of $15 per hour. Prepare a direct labor budget for July MIAMI SOLAR Direct Labor Budget For Month Ended July 31 Budgeted production 4,600 Total labor hours needed Budgeted cost of direct labor Required information Use the following information for the Quick Study below. Miami Solar manufactures solar panels for industrial use. The company budgets production of 4,600 units (solar panels) in July and 4,700 units in August OS 20-15 Manufacturing: Factory overhead budget LO P1 Each unit requires 4 hours of direct labor at a rate of $15 per hour. Variable foctory overhead is budgeted to be 70% of direct labor cost and fixed factory overhead is $187000 per month Prepare a factory overhead budget for August MIAMI SOLAR Factory Overhead Budget For Month Ended August 31 Budgeted total overhead