Bundle up produces fleece jackets. The company uses JT costing for a JIT production system. Bundle up has to inventory accounts right in process inventory and finished goods inventory. On March $1$ the account balances were Ron in process inventory $$12,000$ finished goods inventory $$2100.$ Standard cost of a jacket is $$40$ composed of $$14$ direct materials plus $$26$ conversion cost. Data for marches activities follow requirement one what are the major features of a GIT production system such as that a bundle up$?$ Requirement to prepare summary journal entries for March. Under allocated and over allocated conversion costs are closed to cost of goods sold monthly. Journalize the purchase of raw materials.