Question

E4-29 (similar to) :3 Question Help The University of Manchester Press is wholly owned by the university. It performs the bulk of its work for other university departments, which pay as though the press were an outside business enterprise. The press also publishes and maintains a stock of books for general sale. The press uses normal costing to cost each job. Its job-costing system has two direct-cost categories (direct materials and direct manufacturing labor) and one indirect-cost pool (manufacturing overhead, allocated on the basis of direct manufacturing labor costs). The following data (in thousands) pertain to 2017: (Click the icon to view the data.) Read the requirements. Requirement 1. Identify the components of the overview diagram of the job-costing system at the University of Manchester Press. A } A Indirect Cost Pool B Manufacturing Overhead C D Cost Allocation Base Direct Manufacturing Labor Cost E F G "}ÀÀ, Cost Object: Print Job Manufacturing Overhead Direct Costs Direct Costs Direct Materials Direct Manufacturing Labor H | J

Answer 1

A - Indirect Cost Pool
B - Manufacturing Overhead
C - Cost Allocation Base
D - Direct Manufacturing Labor Costs
E - Cost Object : Print Job
F - Indirect Costs
G - Direct Costs
H - Direct Costs
I - Direct Materials
J - Direct Manufacturing Labor