*The term manufacturing overhead is not used uniformly. Other terms that are oft

*The term manufacturing overhead is not used uniformly. Other terms that are often encountered in printing companies include lob overhead and shop overhead.1. Prepare an overview diagram of the job-costing system at the University of Chicago Press.2. Prepare journal entries to summarize the 2009 transactions. As your final entry dispose of the year-end under- or over allocated manufacturing overhead as a write-off to Cost of Goods Sold. Number your entries. Explanations for each entry may be omitted.3. Show posted T-accounts for all inventories Cost of Goods Sold Manufacturing Overhead Control and Manufacturing OverheadAllocated.