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Evergreen Furniture manufactures wood patio furniture. If the company reports the following costs for June 2018, what is the balance in the Manufacturing Overhead account
Evergreen Furniture manufactures wood patio furniture. If the company reports the following costs for June 2018, what is the balance in the Manufacturing Overhead account before overhead is allocated to jobs? Assume that the labor has been incurred, but not yet paid. Prepare journal entries for overhead costs incurred in June. : (Click the icon to view the costs.) A Data Table Nails, glue, and stain Depreciation on saws Indirect manufacturing labor Manufacturing Overhead 25,000 5,500 40,000 Wood $ Bal. 70,500 Prepare journal entries for overhead costs incurred in June. (Record debits first, then credits. Exclude explanations f First, prepare an entry for the overhead costs for materials used. Nails, glue, stain Depreciation on saws Indirect manufacturing labor Depreciation on delivery truck Assembly-line workers' wages 210,000 25,000 5,500 40,000 2,500 53,000 Date Accounts Debit Credit Print Done
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