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Required information Use the following information for the Quick Study below. Miami Solar manufactures solar panels for industrial use. The company budgets production of 5,100 units (solar panels) in July and 4,600 units in August. QS 20-15 Manufacturing: Factory overhead budget LO P1 Each unit recuires 4 hours of direct labor at a rate of $14 per hour. Variable factory overhead is budgeted to be 70% of direct labor cost, and fixed factory overhead is $188,000 per month. Prepare a factory overhead budget for August