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Select all that apply A bill of materials contains the type of each direct material needed to complete a unit of product type of materials to be drawn from the storeroom quantity of each direct material needed to complete a unit of product quantity of materials to be drawn from the storeroom

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 $6,300 for direct materials, $9,500 for direct labor, and $7,030 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 $5,100 for direct labor. Required: la. Should any overhead cost be applied to Job W at year-end? 10. 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 financlal statements at the end of the year? Complete this question by entering your answers in the tabs below. Should any overhead cost be applied to Job W at year-end? 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 durng the current period, shows charges of $6,300 for direct materlals, $9,500 for direct labor, and $7,030 for overhead on its job cost sheet Job W, which is stili in process at year-end, snows charges of $2,900 for direct materlals and $5,100 for direct labor Required: 1a. Should any overhead cost be applied to Job W at year-end? 16. How much overhead cost should be applied to Job W? 2 . How will the costs included in Job Wr job cost sheet be reported within Sigma Corporation's financial statements at the end of the year? Complete this question by entering your anwwers in the tabs below. How much overhead cost should be applied to Job W? Sigma Corporation apples overnead cost to jobs on the basis of direct labor cost Job V. which was started and completed during the current penod, shows charges of $6,300 for direct materlals, $9,500 for direct labor, and $7,030 for overhead on its job cost sheet. Job W, which is stili in process at year.end, shows charges of $2,900 for direct materials and $5,100 for direct labor Required: ta. Should any overhead cost be applied to Job W at year-end? to. 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. How will the costs induded in Job W's job cost sheet be reported within Sigma Corporation's financial statements at the end of the vean

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