Actual indirect materials costs Actual indirect labor costs Other overhead coats Overhead applied Storm Concert Promotions $12,000 56,900 16,500 92,500 Valle Home Builders $ 7,400 47,100 49,900 100, 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. es Complete this question by entering your answers in the tabs below. Factory OH Storm Poetory OH G) Storm Valle G) Valle Determine whether overhead is overapplied or underapplied. Factory Overhead-Storm For GJ Storm > Complete this question by entering your answers in the tabs below. GJ Valle Factory OH Storm GJ Storm Factory OH Valle Prepare the journal entry to allocate (close) overapplied or underapplied overhead to cost of Goods Sold. View transaction list Journal entry worksheet Actual indirect materials costa Actual indirect labor costs Other overhead costs Overhead applied Storm Concert Promotions $12,000 56,900 16,500 92,500 Valle Home Builders $ 7,400 47,100 49,900 100,200 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-Vallo Suveo Complete this question by entering your answers in the tabs below. G) Storm G) Valle Factory OH Factory OH Storm Valle Prepare the journal entry to allocate (close) overapplied or underapplied overhead to Cost of Goods Sold. View transaction list Journal entry worksheet A Record the entry to close underapplied/overapplied overhead for Valle Home Builders. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal