Exercise 2-10 Applying Overhead Cost to a Job (LO2-2) 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 $5.100 for direct materials. $9.200 for direct labor, and $6.532 for overhead on its job cost sheet Job W which is still in process at year-end shows charges of $3,800 for direct materials and $4,400 for direct labor Required: Should any overhead cost be applied to Job Wat year-end? Yes O No 16. How much overhead cost should be applied to Job W? Oveteadcou 2. How will the costs included in Job Wsjob cost sheet be reported within Sigma Corporation's financial statements at the end of the year? Raw Materials Work in Process O Finished Goods A MacBook SO GOO DOC 14 FS 8 FT Dil FA OD th * % 5 & 4 6 7 8 8 CO 0 V E R T T Y U O D F G H J