1a
Answer is
1 aYes
Because Work in Progress included overhead cost
Overhead application rate =$6138 /9300=66% of direct Labor cost
1b
Overhead cost applied=$5100*66%=$3366
ic
Answer is Work in Progress
As the work is still in process uncompleted stage
Show how to get to the answers please Sigma Corporation applies overhead cost to jobs on...
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, $9,500 for direct labor, and $5,985 for overhead on its job cost sheet. Job W, which is still in process at year-end, shows charges of $4,200 for direct materials and $4,800 for direct labor. Required: 1a. Should any overhead cost be applied to Job W at year-end? Yes...
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 $5,500 for direct materials, $9,000 for direct labor, and $5,130 for overhead on its job cost sheet. Job W, which is still in process at year-end, shows charges of $3,300 for direct materials and $5.500 for direct labor. Required: 1a. Should any overhead cost be applied...
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 $5,200 for direct materials, $9,900 for direct labor, and $6,435 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 $4,800 for direct labor. Required: 1a. Should any overhead cost be applied to Job W at year-end? Yes...
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 $5,000 for direct materials, $8,000 for direct labor, and $6,000 for overhead on its job cost sheet. Job W, which is still in process at year-end, shows charges of $2,500 for direct materials and $4,000 for direct labor. Required: 1a. Should any overhead cost be applied to Job W at year-end? 1b. How much overhead...
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 $5,700 for direct materials, $9.900 for direct labor, and $5,742 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. Required: 1a. Should any overhead cost be applied to Job Wat year-end? Yes No...
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 $6.200 for direct materials. $8.200 for direct labor, and $5.822 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 $5,100 for direct labor Required: 10. Should any overhead cost be applied to Job Wat year-end? Yes O...
10 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 $6.700 for direct materials. $8,100 for direct labor, and $5.994 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 $5.800 for direct labor. Required: 1a. Should any overhead cost be applied to Job Wat year-end? Yes...
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 $5,700 for direct materials,
$9,600 for direct labor, and $5,376 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 $4,100 for direct
labor.
Check my work 3 Required: la. Should any overhead cost be applied to Job...
Help Save & Exit Submit Siama 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 $5,800 for direct materials, $8,500 for direct labor, and $6,375 for overhead on its job cost sheet. Job W, which is still in process at year-end, shows charges of $3,100 for direct materials and 55,100 for direct labor. Required: 1a. Should any overhead cost be applied to...
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 $5,800 for direct materials, $8,200 for direct labor, and $5,986 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 $5,700 for direct labor. Required: 1a. Should any overhead cost be applied to Job W at year-end? Yes...