Question: Check my work 2 Exercise 2-10 Applying Overhead Cost to a Job [LO2-2] Sigma Corporation applies overhead cost to jobs on the basis of direct

 Check my work 2 Exercise 2-10 Applying Overhead Cost to a
Job [LO2-2] Sigma Corporation applies overhead cost to jobs on the basis

Check my work 2 Exercise 2-10 Applying Overhead Cost 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 $6,000 for direct materials, $8,700 for direct labor, and $4,785 for overhead on its job cost sheet. Job W, which is still in process at year-end, shows charges of $2,900 for direct materials and $4,700 for direct labor 4.66 Required: 1a. Should any overhead cost be applied to Job W at year-end? O Yes No Print 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 year? reported within Sigma Corporation's financial statements at the end of the Raw Materials sigma Lorporation appies overneaa cost to joos on tne oasis or airect sapor coSt. Joo v current period, shows charges of $6,000 for direct materials, $8,700 for direct labor, and $4,785 for overhead on its Job W, which is still in process at year-end, shows charges of $2,900 for direct materials and $4,700 for d nicn was startea ana compietea auring tne $4,785 for overhead on its job cost sheet rect labor. 4.66 points Required: a. Should any overhead cost be applied to Job W at year-end? No 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 financial statements at the end of the Raw Materials O Work-in-Process Finished Goods K Prex 2 of 3 Next >

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