Exercise 19-14 Adjusting factory overhead LO P4 Actual indirect materials costs Actual indirect labor costs other overhead costs Overhead applied Storm Concert Promotions $ 12,200 55,480 17,200 92,700 Valle Home Builders $ 6,200 45,700 48,300 94,900 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 G] Storm Factory OH Valle GJ Valle Determine whether overhead is overapplied or underapplied. Factory Overhead-Storm Underapplied overhead