Actual indirect materials costs Actual indirect labor costs Other overhead costs Overhead applied Storm Concert Promotions Storm Concert Valle Home Promotions Builders $12,100 $ 7,100 56,400 47,200 17,200 49,600 92,700 98,400 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 < Prev 6 of 10 Next >