(Solved): Miami Solar manufactures solar panets for industrial use. The company budgets production of 5,500 u ...

Miami Solar manufactures solar panets for industrial use. The company budgets production of 5,500 units (solar paneis) in July and 5,100 units in August. QS 20-9 (Algo) Manufacturing: Direct materials budget LO P1 Each unit requires 3 pounds of direct materials, which cost $$\$6$$ per pound. The compony's policy is to maintain direct materials inventory equal to $$30\%$$ of the next month's direct materials requirement. As of June 30 , the company has 4,950 pounds of direct materials in inventory. Prepare the direct materials budget for July. Required informotion Use the following information for the Quick Study below. (Algo) Miami Solar manufactures solar panels for industrial use. The company budgets production of 5,500 units (solar paneis) in July and 5,100 units in August. QS 20-10 (Algo) Manufacturing: Direct labor budget LO P1 Each unit requires 5 hours of direct labor at a rate of $$\$13$$ per hour. Prepare a direct labor budget for July. Required information Use the following information for the Quick Study below. (Algo) Miami Solat manufactures solar panels for industrial use. The company budgets production of 5,500 units (solar panets) in July and 5,100 units in August. QS 20-11 (Algo) Manufacturing: Factory overhead budget LO P1 Each unit requires 5 hours of direct labor at a rate of $$\$13$$ per hour. The company applles variable overbead at the rate of $$\$19$$ per direct abor hour: Budgeted fixed factory overheed is $$\$179,000$$ per month. Prepare a factory overhead budget for August.