HW Chapter 2 S Help Save & Exit Subs 10 3 points eBook References Exercise 2-10 (Algo) 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 $5,300 for direct materials, $9,400 for direct labor, and $6.486 for overhead on its job cost sheet Job W, which is still in process at year-end, shows charges of $3,200 for direct materials 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 financial statements at the end of the year? Complete this question by entering your answers in the tabs below. Required la Required 1b bequired 2 Should any overhead cost be applied to Job W at year-end? Should any overhead cost be applied to Job W at year-end? Required %>