Exercise 1525 (Algo) Closing over- or underapplled overhead LO P4 Star Promotions 1-a. Determine whether overhead is overapplied or underapplied. 1.b. Prepare the journal entry to allocate (close) overapplied or underapplied overhead to Cost of Goods Sold. Valle Bulders 2a. Determine whether overhead is overapplled or underapplied. 2b. Prepare the joumal entry to allocate (close) overapplied or underapplied overhead to Cost of Goods Sold. Complete this question by entering your answers in the tabs below. Determine whecher overhead is overapplied or underapplied. Exercise 1525 (Algo) Closing over- or underapplled overhead LO P4 Star Promotions 1.a. Determine whether overhead is overapplied or underappliod. 14. Prepare the journal entry to allocate (close) overapplied or underapplied overhead to Cost of Goods Sold. Valle Bulkders 2.a. Determine whether overhead is overapplied or underappled. 2b. Prepare the journal entry to allocate (close) overapplled or underapplied overhead to Cost of Goods Sold. Complete this question by entering your answers in the tabs below. Prepare the foumal entry to allocate (dose) overapplied or underapplied overhead to Cost of Goods 50 old. Journal entry worksheet Record the entry to dose underapplied/overapplied overhead for Star Promotions. Exerclse 1525 (Algo) Closing over- or underapplled overhead LO P4 Star Promotions 1a. Determine whether overhead is overapplied or underapplied. 1.b. Prepare the journal entry to allocate (close) overapplled or underapplied overhead to Cost of Goods Sold. Valle Bulders 2a. 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. Determine whether overhead is overapplied or underapplied. Exercise 1525 (Algo) Closing over-or underapplled overhead LO P4 Star Promotions 1a. Determine whether overhead is overappiled or underapplied. 16. Propare the journal entry to allocate (close) overapplied or underapplied overhead to Cost of Goods Sold. Valle Buriders 2a. Determine whether overhead is overapplied or underapplied. 2b. Prepare the journal entry to allocate (close) overepplied or underapplied ovorhead to Cost of Goods Sold. Complete this question by entering your answers in the tabs below. Prepare the journal entry to allocate (dose) overapplied or underapplied overhead to Cost of Goods sold. Journal entry worksheet Record the entry to dose underapplied/orecapplied overhead for Valle Euilders