9 30 DO Sigma Corporation applies overhead cost to jobs on the basis of direct labor cost Job V, which was started and completed during the current period, shows charges of $5,300 for direct materials. 59.000 for direct lobor, and $6.030 for overhead on its job cost sheet. Job W, which is still in process at year-end, shows charges of $3.500 for direct materials and $5,800 for direct labor Required: ta should any overhead cost be applied to Job Wat year-end? Yes NO rence tb. How much overhead cost should be applied to Job W? Overcoat 2. How will the costs included in Jobs Job cost theot be reported within Sigma Corporation's financial statements at the end of the year? Raw Materials Work In Process Finished Goods