Required information

Use the following information for the Quick Study below. $($Static$)$

Miami Solar manufactures solar panels for industrial use. The company budgets production of $5,000$ units $($solar panels$)$ in July and $5,300$ units in August.

QS $20-11($Static$)$ Manufacturing: Factory overhead budget LO P$1$

Each unit requires $4$ hours of direct labor at a rate of $$16$ per hour. The company applies variable overhead at the rate of $$12$ per direct labor hour. Budgeted fixed factory overhead is $$180,000$ per month. Prepare a factory overhead budget for August.

$\backslash$table$[[$MIAMI SOLAR$],[$Factory Overhead Budget$],[,,$August$],[$Direct labor hours needed$],[$Total budgeted direct labor,$2,],[$Budgeted variable overhead$],[$Budgeted fixed overhead$],[$Budgeted total factory overhead,,$