Storm Valle Home Concert Promotions Builders $12,900 55,300 17,100 93,400 Actual indirect materials costs 6,600 47,100 49,000 97,700 Actual indirect labor costs Other overhead costs Overhead applied 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 StormGJ StormFactory OH ValleGJ Valle Determine whether overhead is overapplied or underapplied. Factory Overhead-Storm Prepare the journal entry to allocate (close) overapplied or underapplied overhead to Cost of Goods Sold View transaction list Journal entry worksheet Record the entry to close underapplied/overapplied overhead for Storm Concert Promotions. Note: Enter debits before credits. Transaction General Journal Debit Credit View general journal Record entry Clear entry Complete this question by entering your answers in the tabs below. Factory OH StormGJ StormFactory OH ValleGJ Valle Determine whether overhead is overapplied or underapplied. Factory Overhead-Valle Prepare the journal entry to allocate (close) overapplied or underapplied overhead to Cost of Goods Sold. View transaction list Journal entry worksheet Record the entry to close underapplied/overapplied overhead for Valle Home Builders Note: Enter debits before credits. Transaction General Journal Debit Credit