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9 Sigma Corporation applies overhead cost to jobs on the basis of direct labor cost Job V, which was started and completed during the current
9 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 $6.800 for direct materials, $8.700 for direct labot, and $5,220 for overhead on its job cost sheet Job W, which is still in process at year-end, shows charges of $3,600 for direct materials and $4 200 for direct labor. Required: 1a. Should any overhead cost be applied to Job Wat year-end? 13 points Yes No Book 16. How much overhead cost should be applied to Job W? Print Overhead cost 2. How will the costs included in Job W's job cost sheet be reported within Sigma Corporatior's financial statements at the end of the year? Raw Materials Work-in-Process Finished Goods
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