CH 19 Homework GRADED Saved Help Save & Exit Sbmit Check my work 4 Exercise 19-14 Adjusting factory overhead LO P4 Storm Concert Promotions $12,900 56,900 16,700 92,900 Valle Home points Builders $7,400 46,700 48,600 97,200 Actual indirect materials costs Actual indirect labor costs Other overhead costs Overhead applied 01:42:03 eBook Storm Concert Promotions Hint Determine whether overhead is overapplied or underapplied Ask 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 Print References 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 Factory OH Valle GJ Valle GJ Stormm Storm Determine whether overhead is overapplied or underapplied Factory Overhead-Storm ndirect materials 12,900 Factory OHGJ Valle Factory OH Storm Valle Determine whether overhead is overapplied or underapplied Factory Overhead-Storm Indirect materials Indirect labor Other overhead costs 12,900 56,900 16,700 86,500 Factory OH Storm GJ Storm> Journal entry worksheet Record the entry to close underapplied/overapplied overhead for Storm Concert Promotions. Note: Enter debits before credits. Debit Credit Transaction General Journal Factory OH GJ Valle Factory OH Storm GJ Storm Valle Determine whether overhead is overapplied or underapplied. Factory Overhead-Valle GJ Storm GJ Valle> Factory OHGJ Valle Factory OH GJ Storm Storm Valle Prepare the journal entry to allocate (close) overapplied or underapplied overhead to Cost of Goods Sa View transaction list Journal entry worksheet Record the entry to close underapplied/overapplied overhead for Valle Home Builders Note: Enter debits before credits Debit Credit Transaction General Journal Record entry Clear entry View general journal