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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,

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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 $6,300 for direct materials, S8,300 for direct labor, and $4,814 for overhead on its job cost sheet. Job W, which is still in process at year-end, shows charges of $3.500 for direct materials and $5.400 for direct labor Required: 10. Should any overhead cost be applied to Job Wat year-end? No 16 How much overhead cost should be applied to Job W? 2. How will the couts included in Job Wsjob cost sheet be reported within Sigma Corporation's financial statements at the end of the V Row Materials ert Finith Good

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