Required information Use the following information for the Quick Study below. (Algo) Miami Solar manufactures solar panels for industrial use. The company budgets production of 4,300 units (solar paneis) in July and 4,800 units in August. QS 22-11 (Algo) Manufacturing: Factory overhead budget LO P1 Each unit requires 4 hours of direct labor at a rate of $17 per hour. The company applies variable overhead at the rate of $14 per direct labor hour. Budgeted fixed factory overhead is $187,000 per month. Prepare a foctory overheod budget for August