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? yes no 1b. how much overhead cost should be applied to job w?