The University of Cancard Press is wholly owned by the university. It performs the bulk of its work for other university departments, which pay as though the p uses normal costing to cost each job. Its job-costing system has two direct-cost categories (direct materials and direct manufacturing labar) and one indirect- thousands) pertain to 2020: (Click the icon to view the data.) Read the requirements. Reference Journal Entry Accounts Debit Credit (In thousands) (1) Materials Control Materials Control Requirement 3. Show posted T-accounts for all inventories, Cost of Goods Sold, Manufacturing Overhead Control, and Manufacturing Overhead Allocated. Post entries (1) through (11) to the accounts below, then calculate the ending balance in each account. The beginning balances have been entered, now enter line blank.) Review the journal entries from requirement 2. Work-in-Process Control Accounts Payable Control 860 (2) Work-in-Process Contral 700 Materials Control 700 (3) Manufacturing Overhead Control 100 Materials Control 100 Manufacturing (4) Work-in-Process Contral 1.300 Bal. (1) 190 (2) 700 Bal 85 (8) 4,130 (3) Overhead Control 100 Manufacturing Overhead Control 930 Wages Payable Control 2.230 860 (3) 100 (2) 700 (5) 480 (11) 2,090 (5) Manufacturing Overhead Control 480 (4) 1,300 (6) 580 Accumulated Depreciation - Buildings and Manuf. Equipment 480 (7) 2,340 (6) Manufacturing Overhead Control 580 Bal. 250 Bal. Bal. 295 Bal. Bal. Bal. Miscellaneous Accounts 560 (7) Work-In-Process Control 2,340 Finished Goods Manufacturing Manufacturing Overhead Allocated 2,340 Control Bal. (8) 550 4,130 Cost of Goods Sold Overhead Allocated (8) Finished Goods Control 4,130 (11) 2,340 Work-in-Process Control 4,130 (11) 250 (9) Accounts Receivable Control 8,000 4,040 Bal. Bal. Bal. Bal. Bal. Bal. Print