Actual indirect materials costs Actual indirect labor costs Other overhead costs Overhead applied Storm Concert Promotions $12,700 55,300 17,880 93,700 Valle Home Builders $ 7,000 46,900 49,500 98,800 Storm Concert Promotions Determine whether overhead is overapplied or underapplied Prepare the journal entry to allocate (close) overapplied or underapplied overhead to Cost of Goods Sold. Valle Home Builders Determine whether overhead is overapplied or underapplied. Prepare the journal entry to allocate (close) overapplied or underapplied overhead to Cost of Goods Sold. Complete this question by entering your answers in the tabs below. Factory OH Storm GJ Storm Factory OH Valle G] Valle Determine whether overhead is overapplied or underapplied. Factory Overhead Stom GJ Storm >