Question: Determine whether overhead is overapplied or underapplied. Prepare the journal entry to allocate (close) overapplied or underapplied overhead to Cost of Goods Sold. Valle

Determine whether overhead is overapplied or underapplied. Prepare the journal entry to allocate (close) overapplied or underapplied overhead to 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 to Cost of Goods Sold. Complete this question by entering your answers in the tabs below. Req 1A Req 18 Req 2A Req 28 Determine whether overhead is overapplied or underapplied. Star Valle Promotiona Builders $ 12,900 56,900 16,400 93,500 Indirect materials $ 6,800 46,400 48,800 97,500 Indirect labor Other overhead Overhead applied 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 Builders. Note: Enter debits before credits. Transaction General Journal + Debit Credit 1

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Journal entry worksheet Record the entry to close underapplied/overapplied overhead for Star Promotions. Note: Enter debits before credits. Journal entry worksheet Record the entry to close...