The Strawberry Company had the following activities during its most recent month of operations: Factory Overhead is applied at 70% of Direct Labor Cost. A. Purchased raw materials on account for $121,250. B. Material requisitions for the month show that the following materials were used on jobs and indirectly: Job 201 $ 22,500 Job 202 12,000 Job 203 12,000 Indirect Materials 3,750 C. Paid Factory Wages in the amount of $89,750. D. Labor time tickets for the month provided the following information: Job 201 $26,000 Job 202 25,500 Job 203 40,000 Indirect Labor 12,750 E. Incurred factory utilities costs of $57,000; paid in cash. F. Applied overhead to all jobs worked on. during the month (Jobs 201, 202 and 203). G. Jobs 201 and 202 were completed and transferred to finished goods. H. Job 201 was sold for $110,000 to a customer on credit. REQUIRED: a) Job Order costing is used in Industry's that produce items that are similar or made to order? b) What is the cost of Job 201? c) What is the balance in Finished Goods at the end of the month? d) Was overhead over-applied or under- applied