Indirect materials Indirect labor Other overhead Overhead applied Star Promotions Star Promotions $ 12,900 Valle Builders $ 7,000 55,600 46,300 17,300 49,300 94,000 98,600 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 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 1B Req 2A Req 2B Determine whether overhead is overapplied or underapplied. Factory Overhead-Star