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Exercise 2-10 Applying Overhead to a Job [LO2-2] Sigma Corporation applies overhead cost to jobs on the basis of direct labor cost. Job V, which
Exercise 2-10 Applying Overhead 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 $5,300 for direct materials, $8,500 for direct labor, and $5,100 for overhead on its job cost sheet. Job W, which is still in process at year-end, shows charges of $3,000 for direct materials and $4,800 for direct labor.
Required: Calculate overhead cost to be added to Job W at year-end.
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