Update Overhead Rates Retroactively

Hello. Can you tell me if there is a way to update the overhead rate for an item as of a prior date and create the necessary correcting entries automatically?

How this happened: I neglected to update the OH rate for an item as of Jan 1. There are numerous Production Orders and Sales Orders since the first of the year so I need to do more than a simple revaluation. I need adjustments for all subsequent entries including sales.

Thanks