Help Save & Exit Send Submit +30 Check my work 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. $9,600 for direct labor and $7.200 for overhead on its job cost sheet Job W, which is still in process at year end, shows charges of $3,600 for direct materials and $4,600 for direct labor Required: 10. Should any overhead cost be applied to Job Wot year-end? Yes No 1b. How much overhead cost should be applied to Job W? Ovom 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 year?