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Star Promotions 1-a. Determine whether overhead is overapplied or underapplied. I-b. Prepare the journal entry to allocate (close) overapplied or underapplied overhead o Cost of Goods Sold. Valle Builders 2-a. Determine whether overhead is overapplied or underapplied. 2-b. Prepare the journal entry to allocate (close) overapplied or underapplied overhead o Cost of Goods Sold. Complete this question by entering your answers in the tabs below. Prepare the journal entry to allocate (close) overapplied or underapplied overhead to Cost of