Outdoor Value 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.) 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 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. Date Accounts Debit Credit Next, prepare an entry for the overhead costs for labor incurred. Date Accounts Debit Credit Finally, prepare an entry for all other overhead costs. Date Accounts Debit Credit Assembly-line workers' wages Depreciation on delivery truck Depreciation on saws Indirect manufacturing labor | Nails, glue, and stain Wood costs ad co Date Accounts Accounts Payable Accumulated Depreciation Cash Next, prepi Cost of Goods Sold Date Depreciation Expense Finished Goods Inventory Manufacturing Overhead Raw Materials Inventory Wages Expense hoose fro Wages Payable Work-in-Process Inventory :ontir Wood $ 200,000 24,000 4,900 Nails, glue, stain Depreciation on saws Indirect manufacturing labor Depreciation on delivery truck Assembly-line workers' wages 44,000 2,600 58,000