8. The University of Manchester Press is wholly owned by the university. It performs the bulk of its work for other universit Requirement 2. Prepare journal entries to summarize the 2017 transactions. As your final entry, dispose of the year-end under Record the indirect materials used, $100. Journal Entry Accounts Debit Credit (In thousands) (19) (20) (21) (22) Record the c Record the entry for depreciation, $440. Journal Entry Accounts Debit Credit (In thousands) (5) (27) (28) (29) (30) Record th Record the allocation of the manufacturing overhead. Journal Entry Accounts Debit Credit (In thousands) (7) (35) (36) (37) (3 Record the revenues, $8,700. Journal Entry Accounts Debit Credit (In thousands) (9) (43) (44) (45) (46) Record the cost of go Dispose of the year-end under-or overallocated manufacturing overhead. Journal Entry Accounts Debit Credit (In thousands) (11 Requirement 3. Show posted T-accounts for all inventories, Cost of Goods Sold, Manufacturing Overhead Control, and Manufactur Requirement 4. How did the University of Manchester Press perform in 2017? (Round your answer to the nearest whole percent.) Your answer Typed answers are easier for students to read than handwritten notes S

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