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Required information Miami Solar manufactures solar panels for industrial use. The company budgets production of 4,100 units (solar panels) in July and 5,700 units in August. Each unit requires 4 hours of direct labor at a rate of $19 per hour. Variable factory overhead is budgeted to be 60% of direct labor cost, and fixed factory overhead is $188,000 per month. Prepare a factory overhead budget for August. MIAMI SOLAR Factory Overhead Budget For Month Ended August 31 Total budgeted direct labor Budgeted fixed overhead Budgeted total overhead $ 0