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Exercise 2-10 Applying Overhead Cost to a Job [LO2-2] Sigma Corporation applies overhead cost to...

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Accounting

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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 $6,800 for direct materials. $9.400 for direct labor, and S6,486 for overhead on its job cost sheet. Job W, which is still in process at year-end, shows charges of $4,300 for direct materials and $4,000 for direct labor Required: 1a. Should any overhead cost be applied to Job Wat year-end? Yes No 16. How much overhead cost should be applied to Job W? Overhead cost

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