repare the journal entry to allocate (close) overapplied or underapplied overhead to Cost of Goods Sold. Journal entry worksheet Record the entry to close underapplied/overapplied overhead for Storm Concert Promotions. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Determine whether overhead is overapplied or underapplied. Exercise 15-14 Adjusting factory overhead LO P4 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. Volle Home Builders Determine whether overhead is overapplied or underapplied. Prepare the joumal entry to allocate (close) overapplied or underapplied overhead to Cost of Goods Sold. Complete this question by entering your answers in the tabs below. Determine whether overhead is overapplied or underapplied. Complete this question by entering your answers in the tabs below. Prepare the journal entry to allocate (close) overapplied or underapplied overhead to cost of Goods Sold. Journal entry worksheet Record the entry to close underapplied/overapplied overhead for Valle Home Builders. Note: Enter debits before credits