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 $6,000 for direct materials $9.200 for direct labor, and $6,164 for overhead on its job cost sheet Job W which is still in process at year-end, shows charges of $2,500 for direct materials and $4,600 for direct labor. Required: 1a Should any overhead cost be applied to Job Wat year-end? o Yes No 1b. How much overhead cost should be applied to Job W? Overhead cast 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 Finished Goods