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question 1b. Sigma Corporation applies overhead cost to jobs on the basis of direct labor cost. Job V, which was started and completed during the

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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 $5,700 for direct materials, $9,200 for direct labor, and $5,520 for overhead on its job cost sheet. Job W, which is still in process at year-end, shows charges of $4,500 for direct materials and $5,900 for direct labor. Required: 1a. Should any overhead cost be applied to Job Wat year-end? Yes No 16. How much overhead cost should be applied to Job W? Overhead cost

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