Actual indirect materials costs Actual indirect labor costs Other overhead costs Overhead applied Storm Concert Valle Home Promotions Builders $22,000 $ 12,500 46,000 46,500 17,000 47,000 88,200 105,200 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 GJ Valle Determine whether overhead is overapplied or underapplied. Factory Overhead-Storm Factory OH Storm GJ Storm >