Indirect materials Indirect labor Other overhead Overhead applied Star Promotions $ 12,200 55,400 Valle Builders $ 6,700 46,500 49,500 91,200 98,400 17,200 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 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.