Sigma Corporation applies overhead cost to jobs based on direct labor cost. Job V, which was started and completed during the current perlod, shows charges of $6,600 for direct materlals, $9,500 for direct labor, and $6,460 for overhead on Its Job cost sheet. Job W, which Is stlll in process at year-end, shows charges of $3,500 for direct materlals and $5,400 for direct labor. Required: 1a. Should any overhead cost be applied to Job W at year-end? 1b. How much overhead cost should be applied to Job W? 2. How will the costs Included In Job W's job cost sheet be reported within Sigma Corporation's financlal statements at the end of the year? Complete this question by entering your answers in the tabs below. Should any overhead cost be applied to Job W at year-end? Should any overhead cost be applied to Job W at year-end