Garden Value Furniture manufactures wood patio furniture. If the company reports the following costs for June 2024, 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.) What is the balance in the Manufacturing Overhead account before overhead is allocated to jobs? Enter the costs and calculate the balance ("Bal.") of the Manufacturing Overhead T-account. Manufacturing Overhead Data Table Prepare journal entries for overhead costs incurred in June. (Record debits first, then credits. Exclude explanations from any journal entries.) First, prepare an entry for the overhead costs for materials used. Wood Date Accounts Debit Credit Next, prepare an entry for the overhead costs for labor incurred. Date Accounts Finally, prepare an entry for all other overhead costs. Date Accounts Debit Credit Debit Credit $ 200,000 Nails, glue, stain Depreciation on saws 25,000 5,600 Indirect manufacturing labor 38,000 Depreciation on delivery truck 1,900 Assembly-line workers' wages 52,000 Print Done